NAS100: Riding the Bull - Scalp Long Setup
NAS100LongScalp5d ago1 views
Trade Setup
Entry Price
21557.00
Stop Loss
21395.00
Take Profit
21961.00
Risk : Reward
1 : 2.49
RiskReward
Trend & Levels
NAS100 is clearly bullish. Current price sits at 21589.73, pushing higher after bouncing off the 21550 support zone. The 0.42% 24h change confirms the ongoing momentum. The trend is your friend, and it's pointing north.
The Setup
Taking this trade long on NAS100. Entry at 21557. Stop loss set tight at 21395, just below today's low of 21455.13, giving us room but protecting capital. Target is 21961, looking for a clear break above the 21724.33 resistance. This is a clean setup.
Outlook
This scalp is a pure momentum play. Technicals are aligning with the bullish sentiment dominating the tech sector. Always acknowledge the chop, but for now, the path of least resistance is up. Levels are clear.
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