#NQ100: BUY 18200, SL 17700, TP 21500 | 17 April 2025
17 April 2025, #NQ100
As expected, after expending significant energy due to sharp upward and downward swings, the price has started to calm down, gradually decreasing the amplitude of its movements. A correction is likely beginning, which may continue for some time. Eventually, the price will remain within a certain range, gathering strength for the next breakout. Growth is anticipated, driven by the development of a horizontal triangle, specifically wave (b), as shown in the chart above. In this case, entering long positions during a smooth price decline seems like a promising solution and is worth considering. Investment idea: BUY 18200, SL 17700, TP 21500.
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.
