#NQ100: BUY 19400, SL 18800, TP 21800 | 29 April 2025
29 April 2025, #NQ100
The situation for this asset continues to unfold according to the previously outlined plan. To recap, the current setup anticipates a correction developing as a contracting horizontal triangle. Within it, wave (a) has been completed, and now the price is moving upward in a zigzag pattern to form the next wave. Buyers have managed to update the local high, indicating a strong probability of continued upward movement. The targets for wave (b) development are located near the all-time high, although it is unlikely that buyers will be allowed to reach it completely. Therefore, it is recommended to close long positions in advance. Investment idea: BUY 19400, SL 18800, TP 21800
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.
