NAS100: Riding the Bullish Wave, Scalp Long Setup

NAS100LongScalp2h ago1 views

Trade Setup

Entry Price

21576.00

Stop Loss

21361.00

Take Profit

22113.00

Risk : Reward

1 : 2.50

RiskReward

Market Overview


NAS100 is clearly bullish, no denying it. Currently trading around 21619.41, up 0.56% in 24 hours. The underlying tech strength is a fundamental tailwind, but for me, "the trend is your friend." We've seen solid bounces off key levels, indicating continued upward momentum.

Technical & Trade Setup


Looking for a scalp long here. My entry is set at 21576, aiming to catch a slight dip before the next leg up. Crucial support at 21550 and 21500 is holding firm, with the day's low at 21440.3 proving resilient. We need to clear resistance at 21650 and 21700 to push higher. My Take Profit is aggressive at 22113. Stop Loss is placed at 21361. Watching closely.

Comments

Loading comments...