VividFX

Nas100 Daily Zone and Key Price Level

Long
VividFX Updated   
SKILLING:US100   US100 CFD
Here we have price at a key level with a possible rejection

Price has rejected this level previously which gave us our Daily zone.

Price may be volatile at this level. Be sure to manage risk then scale in as needed.

I will look for confirmations on the lower timeframes for additional entries as this plays out.

Price is above the 200 moving average, so were are Bullish overall. Will continue to catch Bearish counter Positions if they present in the future.
Trade closed: stop reached
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.