On 1H Nasdaq 100 is bullish, and recently broke the important resistance at 20,300. Currently, it is retracing to form a low. With bullish divergence and convergence with 50% fibonacci retracement, it is likely to attempt to make a new high, or even test previous ATH. Trade plan mentioned on the chart.
--> Manage your risk and trade safely.
--> Manage your risk and trade safely.
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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.