NASDAQ 100 BULLISH FLAG TO 8950 ZONE

١٥ أبريل ٢٠٢٠

The Nas100 m15 chart has paused from its impulsive bullish move to consolidate downwards forming a bullish flag setup. Price is currently at the support of the flag's channel so an immediate long entry would provide excellent risk/reward. The second long position to average up will only be taken upon confirmation of a break at the channel's resistance trendline. The flagpole suggests price should rise to at least the 8900.0 - 9000.0 zone. An update will be posted upon confirmation of a break. Enjoy.