US Nas 100Long
More Bullish Momentum for NAS100
The Nasdaq 100 is continuing it's current bullish momentum closing at a H1 Higher high point at the end of Friday's session. This completes a week of a all higher lows and higher highs.
The daily time frame is currently buying from an oversold low which completed at 11038.2 and which broke the H1 support/resistance at 11319.3 before coming back and retesting on July 30 and since then has been making higher lows and higher highs.
The H4 has now made it's first HH since June 2 at 12942.2.
If you look at the H4 chart you will see a perfect double bottom currently in the process of being completed and we expect the price to continue up to 12946.6
We are still observing the level at 12188.9 to see if the market shows early signs of exhaustion between Monday
and Tuesday and does a retest before continuing up to our ultimate H4 12946.6 target
For this week we expect more higher lows and higher highs and so we will trade accordingly.
The daily time frame is currently buying from an oversold low which completed at 11038.2 and which broke the H1 support/resistance at 11319.3 before coming back and retesting on July 30 and since then has been making higher lows and higher highs.
The H4 has now made it's first HH since June 2 at 12942.2.
If you look at the H4 chart you will see a perfect double bottom currently in the process of being completed and we expect the price to continue up to 12946.6
We are still observing the level at 12188.9 to see if the market shows early signs of exhaustion between Monday
For this week we expect more higher lows and higher highs and so we will trade accordingly.
Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx
t.me/+FsHQuOngCYFiZmYx
Be the exception...not the rule.
t.me/+FsHQuOngCYFiZmYx
t.me/+FsHQuOngCYFiZmYx
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