NAS100 Buy Analysis 🔺⬆
Price has been on a strong uptrend and the momentum is to the upside. Price broke above the high it created at around 13332.0 and is now retesting that area as support. Price has created some what of a double bottom on the support area and is respecting the 0.618 Fibonacci long. I'm anticipating price to rise pretty well.
Buy Stop placed @ 13344.8
Stop Loss @ 13312.8
Take Profit @ 13489.0
RR (1 : 4.5)
Buy Stop placed @ 13344.8
Stop Loss @ 13312.8
Take Profit @ 13489.0
RR (1 : 4.5)
Trade closed: target reached
Take Profit Smashed
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.