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NAS100 Long Setup With Bullish Divergence

Pembelian
CFD Cash US 100 (PEPPERSTONE:NAS100)  
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PEPPERSTONE:NAS100   CFD Cash US 100
Trend Analysis Technical Indicators
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trendanalysis indicator
The current trend on the shorter timeframe is downward, but we have noticed a bullish divergence on the RSI, which could be a possible sign of a reversal. Therefore, we expect a pullback from here and have decided to open a long position. Our stop-loss will be at the recent low, and our take-profit will be at the recent high.
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