Currently there is uncertainty in financial markets due to fears of recession. This trade idea is purely based on technical analysis.
US100 has been in a long term bullish trend. Currently price is retesting a long term trend line, which I expect will trigger bullish momentum just like previous support found at this level. Keeping our SL below a prominent low below the trend line!
US100 has been in a long term bullish trend. Currently price is retesting a long term trend line, which I expect will trigger bullish momentum just like previous support found at this level. Keeping our SL below a prominent low below the trend line!Trade active
TP 1 HitNote
Take Profit Level 2 Hit
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Disclaimer
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.