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itshamzajaved

NAS100 Long Setup With Bullish Divergence

Long
US 100 Cash CFD (PEPPERSTONE:NAS100)  
itshamzajaved Updated   
PEPPERSTONE:NAS100   US 100 Cash CFD
Trend Analysis Technical Indicators
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trendanalysis indicator
The current trend on the shorter timeframe is downward, but we have noticed a bullish divergence on the RSI, which could be a possible sign of a reversal. Therefore, we expect a pullback from here and have decided to open a long position. Our stop-loss will be at the recent low, and our take-profit will be at the recent high.
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Target Hit
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