Nas100 sell setup

29 thg 8, 2024

NUS 100 Cash CFD
NAS100 is rising towards the resistance level which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.

Entry: 19,386.01
Why we like it:
There is a pullback resistance level which lines up with the 38.2% Fibonacci retracement.

Stop loss: 19,933.64
Why we like it:
There is a pullback resistance level.

Take profit: 18,721.37
Why we like it:
There is a pullback support level which is slightly above the 50% Fibonacci retracment