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iamweakone
May 1, 2022 7:54 PM

US100 BUY OPPORTUNITY! Long

US 100Currency.com

Description

Hello,
my scenario about US100 looks bullish here is why:

- bullish RSI divergence at H4
- demand level (D1 and H4 timeframe)
- oversold stochastics
- in general index is just very cheap and its nice opportunity to buy

I think it can achieve 14000-14200 in mid-term (15-20 days max.) but safest option will be take profits at 13300-13450 levels, it depends on your RISK tolerance and how much profit do you want to take from this trade. Personally I entered this trade at 13050 and 12950 and still I think it was good price to buy. We will see how it really is tomorrow. :)

Good luck everybody!
Comments
iamweakone
HUUUUGE discount today, bought 1.92 lot at 12730 and I am playing for tomorrows bullish morning. :)
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