25-08-2022 _ Short Term Bearish Idea _ NASDAQ100 H4
1- Bearish Divergence followed by Convergence.
2- That presents a typical case of Consolidation /
Pullback followed by further continuation to the DOWN side.
3- It looks like pullback is happening right now.
4- Potential Hidden Divergence in the making suggesting a move DOWN.
Enter SELL by checking price action near R1, R2 and R3.
Targets are 38.2 and 50% Fibo. Retracements.
Stoploss @ 13752
2- That presents a typical case of Consolidation /
Pullback followed by further continuation to the DOWN side.
3- It looks like pullback is happening right now.
4- Potential Hidden Divergence in the making suggesting a move DOWN.
Enter SELL by checking price action near R1, R2 and R3.
Targets are 38.2 and 50% Fibo. Retracements.
Stoploss @ 13752