👑 NAS100 🗝️ LEVEL TO WATCH 👀 AND WHY🤔

Hello Traders👋, and welcome! Today, we are having a look at indices.

The NAS100 chart on the daily timeframe illustrates an AB=CD bullish pattern. This pattern exhibits perfect symmetry in the swing from AB to CD. As we can see, the price has broken above the long entry level (EL) at 14677.2, indicating a possible bullish scenario.

Stops are set below point D (ST) at 14417.3, and targets are set at 62% of AD, which is 15353.4, and 78% of AD, which is 15611.1 to begin with.

I hope you find this technical analysis useful. If you do, please support the idea with a like, and stay tuned for more analyses like this by following."
TCPLTP

Comment: