NAS100USD (THE PRICE BETWEEN TWO TURNING LEVEL ) ( 1D )

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NAS100USD

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  • Tendency , the price inside two turning level around 19,058 & 18,371 .

  • TURNING LEVEL (1) : the price of this level at 19,058 , so if the price breaking this level reach a resistance level (1) .

  • TURNING LEVEL (2) : the price of this level at 18,371 , so if the price breaking this level reach a support level (1) .

  • RESISTANCE LEVEL (1) : this level around 19,848 , for reach this resistance level the price need breaking a turning level (1) .

  • RESISTANCE LEVEL (2) : around 20,688 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)

  • SUPPORT LEVEL (1) : this level around 17,047 , for reach this support level the price need breaking a turning level (2) .

  • SUPPORT LEVEL (2) : support level at 15,811 , for reach this level will be breaking by open 4h candle below support level (1) .

  • CORRECTIVE LEVEL : currently price 19,044 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1).

TARGET LEVEL :
  • RESISTANCE LEVEL : 19,848 , 20,688 .
  • SUPPORT LEVEL : 17,047 , 15,811.
Trade active
snapshot
Trade active
snapshot
the price inside sensitive area , have two scenario
first : if the price still continues trading below turning level , indicates the price trying to reach a support level (1).
second : if the price breaking and stable above turning level , indicates the price likely to reach a resistance level (1) .

* beware today have some important news .
Trade active
as mentioned , until the price trading below turning level , indicates reach a support level , reached first target dropping +390 pip ,
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