Hey everyone
A look at NASDAQ, hope you are having a good one.
* Nasdaq has been trading in a descending channel on the 4H CHART RESPECTING structure we saw a test of the base of structure and a push up
with the bulls into a bear flag, currently consolidating in this structure.
* Looking this structure to hold and see a continuation of the bearish move targeting FIB EXT 0.618
* follow your entry rules on entries
* significant moves with the bulls change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.