Forexintelligence_NA

Nas100 update: buy at the break of the neckline

Long
FX:NAS100   US 100 Cash CFD
The light is getting clearer, my bias still bullish for Nas100 for the fact that the November 2021 low wasn't breached by bears and this shows that their strength is getting diminished. Looking at current price action, we also see a possibility of a double bottom formation. If the neckline is violated, Nas100 will find its bottom at around 16110.00. For this setup to be more valid, the neckline must be violated to the top.

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