#NQ100: BUY 18700, SL 18400, TP 20500 | 01 April 2025
01 April 2025, #NQ100
Buyers failed to meet their objective, not only missing the mark to grow and reach their target but also failing to sustain the price at its previous levels. Pressure from sellers led to a sharp decline to the previously established low, which, judging by appearances, will soon be updated.
It is possible that a downward impulsive movement has begun, wherein Wave 1 has already formed. In this case, the observed price decline constitutes the corrective Wave 2. For this reason, in the near term, after a minor update of the current low, growth is expected to form the concluding wave of the emerging zigzag.
Thus, buying in this situation remains relevant.
Investment idea: BUY 18700, SL 18400, TP 20500.
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.
