Analysis:
The market formed a strong bullish leg earlier and is now pulling back to retest a key support zone around 25,300. If price holds this level and shows bullish confirmation (e.g., bullish engulfing or structure break), we could see continuation to the upside.
Bias: Bullish above 25,300
Invalidation: Break below 25,145
Setup Type: Long Position
Entry: Around 25,300 (support retest)
Stop Loss: 25,145
Target: 25,720+
#US100 #NASDAQ100 #PriceAction #TradingSetup #TechnicalAnalysis #ChartAnalysis #BuySetup #TradingView #SmartMoney #Forex #Indices
The market formed a strong bullish leg earlier and is now pulling back to retest a key support zone around 25,300. If price holds this level and shows bullish confirmation (e.g., bullish engulfing or structure break), we could see continuation to the upside.
Bias: Bullish above 25,300
Invalidation: Break below 25,145
Setup Type: Long Position
Entry: Around 25,300 (support retest)
Stop Loss: 25,145
Target: 25,720+
#US100 #NASDAQ100 #PriceAction #TradingSetup #TechnicalAnalysis #ChartAnalysis #BuySetup #TradingView #SmartMoney #Forex #Indices
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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.