NASDAQ weekly Projections

Got stopped out of this trade

Still holding mine. Price is quite close to my SL (30801), but It's reacting at previous week's high. I'm wating to see if it will hold and how the current 1hr will close at the zone before by 10am.

I would have added position at that current level, but I'm trading less active today. that one position is enough. I wasn't sure price will get there, otherwise I would have waited to enter from there instead.

NASDAQ 100 — Sell Trade Analysis

The sell setup is based on price rejection from the 30,590–30,666 resistance zone. Price has repeatedly tested this area without establishing a clean bullish breakout, showing that sellers are defending the level.

The key confirmation is the failure to hold above 30,590 after the recent recovery. As long as price remains below the 30,666 invalidation level, the setup favors a move back toward the lower support levels.

Trade idea:

Entry: 30,590 area

Stop Loss: 30,666

TP1: 30,477

TP2: 30,259

Bias: Bearish below 30,666

A sustained break and close above 30,666 would invalidate the bearish setup, while continued rejection below 30,590 could open the way toward the next support levels.

Nas100 is bullish

That level is much valid but price has to reject it first , am looking at the lows close to 30587

Stick to your recent structure which is bullish unless the bias of your recent structure changes to sells

Am sticking to my plan, all am saying is that price should drop to demand for me to buy because I got stopped out on the first sell

Still holding mine. Price is quite close to my SL (30801), but It's reacting at previous week's high. I'm wating to see if it will hold and how the current 1hr will close at the zone before by 10am.

I would have added position at that current level, but I'm trading less active today. that one position is enough. I wasn't sure price will get there, otherwise I would have waited to enter from there instead.

Nas 100- Trade Update
Price retraced from the weekly level and was quite close back to my entry before NFP
I had opportunity to close the trade with a -$50 loss, but I didn't. I wanted to see how the prop platform reacts to news trading, and there was slippage on my risk when price stopped me out.

I risked $185 but the loss was 198.80

Already I knew NFP was going to be positive for Nasdaq and other risky pairs but didn't open Nasdaq trade because of my drawdown limit

Alright.
Nas100 has retraced from the New All-time high currently retesting the resistance it broke out from at the 30,800-price level which was previously my invalidation level in my sell trade.

Am cutting down on losses so I can't hold for long

Already I knew NFP was going to be positive for Nasdaq and other risky pairs but didn't open Nasdaq trade because of my drawdown limit