NASDAQ INTRA DAY SETUP POSSIBLE SHORT TRADE

2022年1月18日

Guys this is just a intraday setup but my overall bias is still bullish on a higher timeframe. Rule of thumb the BIG BOYS know everyone are currently buying Nasdaq but we have to trade in their direction. Nasdaq is currently moving in an ascending channel with low mow momentum candles, so my take on Nasdaq on 30min timeframe we could sell on the third touch which also on 50% and 61.8% fib retracement zone. We could see a sell occurring to the downside where we can form a bigger W-Bottom.

I have analyze Nasdaq on the Daily Timeframe, This is just an UPDATE

NB: Overall Trend is bullish on a Daily Timeframe!!!!

Advice: Don't be trap by the big boys

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