US Nas 100
Long

NAS100USD ( BREAKOUT DESCINDING CHANNEL ) (4H)

218
NAS100USD

HELLO TRADERS

  • Tendency , the price is under bullish pressure , after breakout descending channel .

  • TURNING LEVEL : the price of this level around 19,114 , as mentioned after the price trading above this level reach a resistance level (1) , yesterday reach target +440pip , may be the price it will attempt to reach this level before rising , but if the breaking 18,956 by open 4h candle below this level indicates likely to reach support level (1) .

  • RESISTANCE LEVEL (1) : this level around 19,529 , for reach this resistance level the price need trading above 19,114 , indicates have good selling in this level

  • RESISTANCE LEVEL (2) : around 19,826 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)

  • RESISTANCE LEVEL (3) : around 20,217 , 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 , 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) .

  • MY GOALS : resistance level (2) at 19,826.


TARGET LEVEL :
  • RESISTANCE LEVEL : 19,529 , 19,826 , 20,217 .
  • SUPPORT LEVEL : 18,627 , 18,240 .

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