🇺🇸 NASDAQ100 | Long Setup
Is the long trend back? Not yet, but forming, it's worth to get ready.
The Daily bullish trend is still intact, and the recent H4 close above the previous H4 breakdown with a countertrend break means that the trend is in the early phase of going bullish.
This is only the forming phase of the bullish continuation, valid until the H4 valley below current price is intact!
Expansion phase starts above the highest clean H4 breakdown, where the H4 target Fibonacci zone and the Weekly target Fibonacci 161.8 around 25,000 is the target.