02 May 2025, #NQ100
Over the last trading day, there were no significant changes in the situation. The asset's price is tending to rise. Buyers, after breaking through the local high, are gradually consolidating at new price levels while preparing for the next upward impulse. As previously noted, this growth is interpreted as wave (b) within the assumed correction, taking the form of a narrowing horizontal triangle. This creates a very promising potential for movement, which is worth trying to capitalize on by opening long positions. The target for the expected growth is near the previously reached all-time high, so it is advisable to lock in profits in advance. Investment idea: BUY 19500, SL 19025, TP 21500.