ðĨUS100 UPTREND - LONG TO 16000 OR SHORT TO 14500
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As we can see, we have NASDAQ 100 in an uptrend. Presently, price is stuck in a descending triangle.
Therefore, an upward breakout from the triangle gives a buy opportunity to 16000 and a downward breakout from the descending triangle gives a short opportunity to the support level at 14500
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As we can see, we have NASDAQ 100 in an uptrend. Presently, price is stuck in a descending triangle.
Therefore, an upward breakout from the triangle gives a buy opportunity to 16000 and a downward breakout from the descending triangle gives a short opportunity to the support level at 14500
What do you think?
Follow me to receive more updates on NASDAQ 100 (US100) ðĪ
Share your opinion in the comment sectionâïļ
Happy Tradingð°ðĨģðĪ
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ:
A good trendline breakout and retest has occurred on this chart and it confirms a good buy setup to 16000
