HayatoDragonFX

US100 / NASDAQ, daily tf, buy on retest of support

Long
CURRENCYCOM:US100   NASDAQ 100
Hello my friends,

Another setup for today is US100 or known as NASDAQ.

This is my first post for trading indicies so i am gonna take it slowly.
As you can see price has been making 3 indecision candles in the last 3 trading days which looks like bullish pinbars to me.
This indecision candles happened to be at support after price dropping for 600 pips.
In my opinion we could see price rebound from this support as there is also EMA support at this level.

Buy US100 at 11630
Stop loss 11500
Take profit 12150

RR ratio 1 : 4
Use only 1-2% risk
Good luck

Disclaimer : I bought US100 from 11630

Comments

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