DLavrov

NASDAQ Trading Opportunity

FX:NAS100   US 100 Cash CFD
NASDAQ gives us opportunity to make some profit. Price reaches the uptrend line and we have 2 possible entry levels. If the market bounces from the uptrend line and RSI confirm it, we'll be able to open long trades above 5720 with stop below the local swing low. Place take-profit orders near 5900 level. Below 5665 level we also can place sell-stop orders, if price breaks the uptrend line and moves lower. Stop orders for short trades must be above the resistance. Profit target should be at 5570 level.

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