NAS100: Bullish Momentum - Taking This Long
NAS100LongIntraday1w ago12 views
Trade Setup
Entry Price
21581.00
Stop Loss
21354.00
Take Profit
22150.00
Risk : Reward
1 : 2.51
RiskReward
Trend Confirmation & Levels
NAS100 is clearly bullish, currently holding at 21626.34 after a solid 0.59% gain. The trend is our friend here. Price is holding strong above previous support. The day range, 21436.83 to 21815.85, shows good buying pressure. We saw a nice bounce off the 21550-21600 zone earlier. Levels are clear.
The Setup
Looking to get long on a retest. My entry is 21581. This aligns well with the immediate support. Stop loss is tight but strategic at 21354, just below the 21436.83 daily low. Take profit target is aggressive at 22150, aiming past the 21815.85 daily resistance, banking on continued tech strength and overall market sentiment pushing us higher. Clean setup, intraday play. Taking this trade.
Comments