TradeChartPatternsLikeThePros

👑 NAS100 đŸ—ïž LEVEL TO WATCH 👀 AND WHYđŸ€”

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PEPPERSTONE:NAS100   NASDAQ 100 CFD Cash
Hello Traders👋, and welcome! Today, we are having a look at indices.
The NAS100 chart on the daily timeframe illustrates an AB=CD bullish pattern. This pattern exhibits perfect symmetry in the swing from AB to CD. As we can see, the price has broken above the long entry level (EL) at 14677.2, indicating a possible bullish scenario.

Stops are set below point D (ST) at 14417.3, and targets are set at 62% of AD, which is 15353.4, and 78% of AD, which is 15611.1 to begin with.

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