Hey traders! π Let's dive into a potential trading opportunity on the NDX100 pair using technical analysis. π
π Previously Bullish Trend: Firstly, on the 1H- timeframe, we've been witnessing a Bearish trend in the NDX100 pair. π»
π Divergence on LL (Lower Lowβs): However, it's crucial to note that recently, we have started to observe a divergence pattern on the LL (Lower Lowβs). This is an important signal that the Bearish momentum might be weakening. ππ
π Trade Opportunity: Currently, we are looking at a potential trade opportunity with a Bullish bias.
π Entry Price: 15065.9
π― Stop Loss Level: 14936.1
πTP1: 15169.2 πTP2: 15269.6
π° Investment Advice: Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! πππ° #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
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TP1 Hit move your stop Loss on break even Point, #TradingwithBelieve #HappyTrading