NAS 100
Updated
here is the chart of nas100 on 1h time. nas100 is getting rejection from a trendline above and recently has started forming hh,hl structure and taking support from that trendline line as well. we have an horizontal support region near the trend line as well which can be a major confluence. if price reaches around that level the we can initate a buy entry with small sl.
BUYING RANGE : 12451-12420
SL:12400
TG :12650
GLOBALPRIME:NAS100
BUYING RANGE : 12451-12420
SL:12400
TG :12650
GLOBALPRIME:NAS100
Note
The price did not reach the horizontal level but i did touch the trendline near the horizontal support which acted as a good support and the gave a good rally
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