NAS100 - Daily - Buy Call- SWING TradeNAS100 has retraced to Fib 0.812 level, which I consider as the best possible entry in BUY trade as divergence has already formed. It is likely that we are going to see a Bull Run from here onwards.
This is going to be a 2 to 3 weeks trade. I'll take two trades and after TP of first trade is triggered, I'll shift my Stop Loss to breakeven and will ride the trend (by removing TP2) till I observe Bearish divergence on Daily time frame. Since it is on Daily time frame, therefore, I'll only look for divergence on market closing or next day market opening (spending my 5 minutes only on seeing the chart).
My Trade values are depicted below:-
Buy Trade Call Daily
Entry : 18300
SL: 16959
TP 1: 19500
TP2: 21000