#NQ100: BUY 19950, SL 19700, TP 21000 | 28 March 2025
28 March 2025, #NQ100
The trading instrument under consideration continues its recovery efforts. Reaching the 38.2% level of the previously formed downward wave, the price faced strong selling pressure and, unable to hold, retreated.
Another attempt to grow is likely forthcoming, as the targets for the anticipated rise have not yet been met, and the correction as a whole still appears incomplete.
Thus, a resumption of the upward movement targeted at the 50% or 61.8% levels according to the applied Fibonacci grid is expected in the near term. The movement reserve is ample enough to attempt profiting from buy trades.
Investment idea: BUY 19950, SL 19700, TP 21000.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
