NAS100 Bullish Momentum Confirmed: Targeting Further Upside with a Clear Intraday Strategy
NAS100LongIntraday2h ago1 views
Trade Setup
Entry Price
21560.00
Stop Loss
21283.00
Take Profit
22115.00
Risk : Reward
1 : 2.00
RiskReward
Market Structure and Trend Analysis
Good morning, KoraFX community. My focus is firmly on the NAS100 today, where the bullish trend remains unequivocally intact. The index is currently trading at 21615.62, having shown a solid 0.54% gain over the last 24 hours. This strong performance, pushing past previous resistance, is a clear sign that "the trend is your friend," and I'm prepared to ride this momentum.
I've observed the market successfully defending key support levels. Yesterday's low at 21442.19 and the subsequent hold above the 21500 and 21550 zones confirm robust demand. This price action, coupled with the consistent higher lows on the intraday charts, indicates that buyers are stepping in aggressively on any dips. The immediate resistance at 21650 was swiftly breached, and we are now looking towards the 21700 and 21789.06
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