From TradingView · · 30s
NAS100 Bullish Divergence Setup
NAS100 shows bullish divergence and trend reversal potential for traders.
In brief
NAS100 shows bullish divergence and trend reversal potential for traders. A potential NAS100 bullish reversal is signaled by RSI divergence and a price breakout. Originally reported by TradingView.
NAS100 Market Structure
NAS100 maintained bearish structure with lower highs and lower lows on 4H timeframe.
Bullish Divergence Signal
Bullish divergence developed between price action and rsi indicating weakening bearish momentum.
Trade Execution Details
Entered long position at 29,605.0 with stop loss at 29,303.1 and take profit at 29,906.0.
The essence
A potential NAS100 bullish reversal is signaled by RSI divergence and a price breakout.
