A new setup for NAS100, please read description
For the time being after the sharp rise from Thursday and some advance on Friday, my next move is to wait for a possible retracement/consolidation before we go any further up, I will be waiting for the formation of the pattern and make some small trades in between while I am waiting, will keep this updated as the week unfolds. My idea is to wait for the CD leg formation a bit above the 1.618 fibs (12357) at 12500 to enter my long with 12858 my SL leaving a good P/L ratio, my TP will be divided into 2 parts as you can see on the charts, good luck😉🤞🏻 please trade at your own risk, this is my own setup, no advice given, money management is a must, please bring your comments will reply as soon as I can
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