#NQ100: BUY 19800, SL 19400, TP 21000 | 31 March 2025
31 March 2025, #NQ100
No significant changes occurred during the past trading day for the trading instrument under consideration. The price continues to fight against sellers who are attempting to build on their minor success. After halting the downward movement, the price finds itself at a relative equilibrium. Still, we haven't seen an adequate response from buyers to the decline.
The price has risen weakly, but this is insufficient. Two scenarios exist. First, the correction may stretch out in time, keeping the price within its current bounds. Second, the price could rise and reach the previously identified Fibonacci grid targets.
The second scenario appears more realistic, although the market is not rushing to realize it. It is possible that in the near future, we will see the surge needed to complete the development of Wave b in the presumed zigzag.
For this reason, it is recommended to continue exploring opportunities to enter buy trades.
Investment idea: BUY 19800, SL 19400, 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.
