Nasdaq looking to go short as the H4 & Daily EMA's start to have correlation signaling a change in direction along with a trendline and support that has been broken and retested. The first target will be @15260.00 where our SL will be moved to BE and some positions bagged and then hold the remaining till 15000.00 Psychological level.
Trade active
In Profit and SL moved to BETrade closed: target reached
First target 15260.00 reachedTrade active
Adding short positions after a break and retest on a support turned into resistance.Trade closed: target reached
Stopped out at Breakeven with profitsTrade closed: target reached
All active trades closed. Final Take Profit Target Reached.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.