NAS100 LongUS Tech 100 IndexPEPPERSTONE:NAS100JavonDias_TradingI’m currently watching a potential long setup on NASDAQ around the 29090 level, with several technical confluences suggesting a possible continuation higher following a retracement. • Deep Crab Harmonic Pattern on M15 A bullish Deep Crab harmonic pattern has completed on the M15 timeframe, creating a potential reversal zone at current price levels. This setup often signals exhaustion from short-term selling pressure and the possibility of a move back into trend direction. • Oversold Conditions on M15, M30, and H1 Momentum across the lower timeframes is heavily oversold, with M15, M30, and H1 all showing signs that the recent retracement may be overextended. This increases the probability of a rebound from current levels. • Alignment with the H4 Trend This setup is in line with the broader H4 bullish trend, which adds significant strength to the trade idea. Buying pullbacks within a strong higher timeframe uptrend generally offers better probabilities than chasing price at highs. • Strong Market Structure Remains Bullish NASDAQ has maintained a strong upward structure overall, and this recent move lower appears more like a retracement rather than a full trend reversal. As long as higher timeframe structure remains intact, dips into key support zones continue to be attractive buying opportunities. • Reaction Within the H4 Moving Average Zone Price is currently reacting around the H4 moving average region, which is acting as a dynamic support area. This adds another layer of confluence to the setup and supports the idea of buyers potentially stepping back into the market. • Signs of Seller Exhaustion The oversold conditions combined with harmonic completion suggest that bearish momentum may be weakening. If buyers reclaim short-term structure, momentum could quickly shift back to the upside. Entry Zone: 29090 Stop Loss: 200 pips Expectation: Continuation higher following the current retracement First target: 29630 at all-time high resistance