NAS100 Is Bullish! Long!

5 Haz

Please, check our technical outlook for NAS100.

Time Frame: 15m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is approaching a significant support area 18,703.48.

The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 18,750.36 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

6 Haz

İşlem kapandı: hedefe ulaştı

That was an excellent trade and the target was reached too!