NAS100 LONG / BUY LIMIT 13865

Nas100 has tested the 14k price again and seems to be retesting. I’ve marked the zone it plans to retest and then potentially progress toward breaking the previous top/resistance toward 14200 area.

I initially thought we would see a clear inverse HNS, but we seemed to have ‘double bottomed’ before making our way up to the breaking point and beyond.

I hope this view helps with your decision on entry. I will be executing a long position in the 13865 area, to TP in the the 14200 zone.

Good luck.
1hdaytradedaytradingh1inandoutNASDAQ 100 CFDPivot PointsSupport and ResistanceTrend Analysis

Disclaimer