US 100 Nakit CFD
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US STOCKS taking a respite following fall

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On US100 4hr demand valley is in control @ 13103.67 and price is retesting bottom trendline acting as support even though price broke out in the hourly chart on higher timeframes failed to yet close below it.

I am long with targets at 4hr supply peak @ 13930.50 which has an hourly supply nested within it , with stops just below recent low giving me a risk reward of 1:3.8

Price has been in a decline for some time this may well be a retracement for a further move to the downside.


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Feragatname

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