US Nas 100Long
NAS100U <SWING TRADE> <LONG>
Good day all,
Why long trade?
Confluence 1: Price rebounded 10690.2 Support 5 times in the past which means price not going bearish anytime soon.
Confluence 2: Trajectory of bullish movement started of by rebound of 10690.2 support zone. Current price is in an uptrend make HHs and HLs.
Confluence 3: Tweezer spotted at Fib retracement in 4H charts at 38.20%
Confluence 4: Retest of previous structural high completed.
Entry: after Bullish engulfing candle - 11476.5
Stop loss: Ballsy stop loss just below bullish candle - 11315.9
Take profit - With relation of price retraced to 38.20 we will take profit at 61.8% - 11808.6
Good luck all!!! All the best
Why long trade?
Confluence 1: Price rebounded 10690.2 Support 5 times in the past which means price not going bearish anytime soon.
Confluence 2: Trajectory of bullish movement started of by rebound of 10690.2 support zone. Current price is in an uptrend make HHs and HLs.
Confluence 3: Tweezer spotted at Fib retracement in 4H charts at 38.20%
Confluence 4: Retest of previous structural high completed.
Entry: after Bullish engulfing candle - 11476.5
Stop loss: Ballsy stop loss just below bullish candle - 11315.9
Take profit - With relation of price retraced to 38.20 we will take profit at 61.8% - 11808.6
Good luck all!!! All the best
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.