US Nas 100
Long
Updated

NAS100USD (BULLISH DIRECTION ) (4H)

380
NAS100USD

HELLO TRADERS

  • Tendency , the price is under bullish pressure , until trading above 18,956 .

  • TURNING LEVEL (1) : the price of this level at 19,114 , so if the price breaking this level reach a resistance level (1) , by breaking this level active bullish zone .

  • TURNING LEVEL (2) : the price of this level at 0.126, so if the price breaking this level reach a support level (1) , by breaking this level active bearish zone .

  • RESISTANCE LEVEL (1) : this level around 19,529 , for reach this resistance level the price need breaking a turning level (1) , indicates have good selling in this level

  • RESISTANCE LEVEL (2) : around 20,093 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)

  • RESISTANCE LEVEL (3) : around 20,694 , for reach this level it will be breaking by open 1D candle above resistance level (2) , indicates have very strong sells in this level .

  • SUPPORT LEVEL (1) : this level around 18,627, for reach this support level the price need breaking a turning level (2) , indicates have good buying in this level .

  • SUPPORT LEVEL (2) : support level at 18,240 , for reach this level will be breaking by open 4h candle below support level (1) .

  • PRICE MOVEMENT : currently price 19,107 , have two scenario , first scenario corrective turning level (2), before rising to touch a turning level (1) , then breaking this level reach a resistance level (1), second scenario corrective turning level (1) , to reach a turning level (2) , then breaking this level reach a support level (1).


TARGET LEVEL :
  • RESISTANCE LEVEL : 19,529 , 20,093 , 20,694 .
  • SUPPORT LEVEL : 18,627 , 18,240 .
Trade closed: target reached
reached target +440pip

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.