NAS100 Long Idea: Bullish Break and Retest ScenarioUS Tech 100 IndexFUSIONMARKETS:NAS100hammad69918Hello TradingView Community, This is a technical analysis of a potential long opportunity on the US 100 Cash CFD (NAS100) on the 15-minute timeframe. Technical Analysis: The chart is displaying a bullish structure. We can identify a key horizontal level at approximately 24,410.03. This level previously acted as a ceiling, providing significant resistance to the price. Recently, the market has shown strong momentum by breaking out above this resistance zone. This breakout suggests that buyers are in control. The trading idea is based on the expectation of a "break and retest" pattern, where the price pulls back to this former resistance level, confirms it as new support, and then continues its upward trajectory. Trade Setup: The long position tool on the chart outlines a potential trade plan based on this bullish outlook: Entry: Approximately 24,410.03 (at the retest of the new support level). Stop Loss: 24,117.96 (placed below the support structure to allow for some volatility and to invalidate the idea if the level fails). Take Profit: 25,299.42 (targeting a new higher high, continuing the bullish trend). This setup provides a structured plan with a clear risk-to-reward ratio for a potential move higher. Disclaimer: This analysis is for educational and discussion purposes only and should not be considered as financial advice. Trading CFDs and indices involves a high level of risk. Please conduct your own research and manage your risk appropriately.