NASDAQ 100 - Bullish Trend Continuation Setup
I think it was last week when I shared my view of the NAS100 here on tradingview & since then a few things have changed. Although we did not get the potential advanced pattern formation that could have been used as an entry into the bigger breakout, we did eventually breakout & now a pullback which gives us another opportunity to get long.
After a level of resistance is broken we'll often look for it to act as newly formed potential structure support. Price gave us a pullback to this level & ended the week with a beautiful bullish candle. Something that would be great for confirmation of longs would be a Higher High, Higher Close candle which would also provide us with a 3 Bar reversal.
Hope you guys have a great trading week.
Your Trading Coach - Akil
After a level of resistance is broken we'll often look for it to act as newly formed potential structure support. Price gave us a pullback to this level & ended the week with a beautiful bullish candle. Something that would be great for confirmation of longs would be a Higher High, Higher Close candle which would also provide us with a 3 Bar reversal.
Hope you guys have a great trading week.
Your Trading Coach - Akil
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tieronetrading.com/beat-the-house-2/
"The Trading Coach Podcast" - Available on your favorite podcasting app!
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