NAS100| US100 4H

26 thg 8, 2021

In this analysis we focus on the US100, we were anticipating a drop-base-drop after the third touch of to the upper trendline of the ascending channel in order for the market to create a nice setup for us to short, and the market has presented us with that opportunity and we managed to take it with a good risk to reward ratio, our first target is at the first previous support level and the second one is at the 2nd support level of which would be the completion of the ascending channel pattern which will give us a potential 1:10 risk to reward ratio.