NDX going for a sell this week?

Good day traders!

We're looking at a potential sell setup for $NASDAQ 100(NDX)$ 

And this is why:

1.) From the beginning of August 2022 to the present, the price has been in a descending trend on the H4 chart.

2.) Looking for a retracement sell entry at 11447.31 where the sell gap and -27.2% Fibonacci expansion line are located.

3.) Stop loss will be at 12062.52 where the 50% and 0% Fibonacci lines are.

4.) Take profit will be at 10408.41 where the 78.6% Fibonacci line and 127.2% Fibonacci extension lines are located.

What are your thoughts on my idea?

Trade Entry recommendations:

Sell Entry: 11447.31

Take Profit: 10408.41

Stop Loss: 12062.52

Other tickers to recommend:

For 5x Long Leverage: $Nasdaq 5xLongSG240425A(CZFW.SI)$ 

For 5x Short Leverage: $Nasdaq 5xShortSG240425(CXEW.SI)$