NAS100: Bullish Continuation Play – Riding the Trend to New Swing Highs
NAS100LongSwing6d ago7 views
Trade Setup
Entry Price
21572.00
Stop Loss
21238.00
Take Profit
22241.00
Risk : Reward
1 : 2.00
RiskReward
Current Market Posture & Entry Rationale
Good morning, KoraFX community. Let's talk NAS100. The current market structure for the Nasdaq 100 remains unequivocally bullish, and "the trend is your friend" is a principle I always adhere to. We've seen a solid performance, with the index currently trading around 21639.28, marking a healthy 0.65% increase over the last 24 hours. The data is compelling: despite the day's range seeing lows around 21430.36, the overall momentum firmly points upwards.
My analysis indicates an opportune entry for a swing long position. I’m looking for an entry at 21572. This level sits strategically above strong support zones, specifically around the 2
Comments