NAS100: Riding the Bullish Wave – Intraday Long Setup Confirmed

NAS100LongIntraday1d ago0 views

Trade Setup

Entry Price

21553.00

Stop Loss

21309.00

Take Profit

22042.00

Risk : Reward

1 : 2.00

RiskReward

Trend Confirmation and Entry Logic


The NAS100 is presenting a clear picture this morning, maintaining its strong bullish trend. Currently trading at 21601.83, we've seen a solid 0.47% gain over the last 24 hours, pushing the index higher within its day range of 21449.09 to 21754.57. For me, "The trend is your friend" is not just a saying, it's the foundation of my strategy. We are seeing sustained upward momentum, and I am looking for high-probability pullbacks to join this established move.
My analysis points to a significant zone around the 21550 level, which has acted as immediate support. Given the current bullish market structure, any retest of this area represents a statistical edge for a continuation. I've identified an intraday long entry at 21553. This level

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