PJ_Tsotetsi

US100 short

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OANDA:NAS100USD   US Nas 100
US100 is presenting a consolidation and a Squeezing of price indicating a potential Impulsive move.
US100 is in a Current bear market and it's presenting a bearish pennant that will give confluence to the pair,I find it better to take continuation patterns on a Trending market as they yield a higher ROI than reversal Structures
It failed to break overall price value at the Peak of the Range showing a strong selling momentum on US100.
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