This is my 8th public idea with setup below:
Short: 4240
Protecting Stop: 4371
Target: 3929
Risk/Reward Ratio: 2.4
MTPredictor gave automatic trade setup TS2 (2015-09-09) to take short position in Nasdaq. In this kind of situations where we have completed ABC pattern (up), markets have tendency to correct in opposition direction (down).
Short: 4240
Protecting Stop: 4371
Target: 3929
Risk/Reward Ratio: 2.4
MTPredictor gave automatic trade setup TS2 (2015-09-09) to take short position in Nasdaq. In this kind of situations where we have completed ABC pattern (up), markets have tendency to correct in opposition direction (down).