NAS100USD / TRADING BELOW 19,954 - 4H
Updated
NAS100USD / 4H TIME FRAME
HELLO TRADERS
The text indicates a decline in July by 16.62%, followed by a recovery in August with a 15.64% increase. This suggests a reversal or correction phase from the previous decline.
Prices are trading below the key level of 19,954. This level is pivotal, as it serves as a reference point for determining future price movements.
Technical Analysis:
If prices remain below 19,954, the analysis predicts a potential decline of up to 8.29%, with support levels at 19,187, 18,688, and 18,317.
A break above 19,954 could signal a trend reversal, with potential resistance levels at 20,194 and 20,714.
UPWARD TARGET : 20,194 , 20,714.
DOWNWARD TARGET : 19,187 , 18,688 , 18,317.
HELLO TRADERS
The text indicates a decline in July by 16.62%, followed by a recovery in August with a 15.64% increase. This suggests a reversal or correction phase from the previous decline.
Prices are trading below the key level of 19,954. This level is pivotal, as it serves as a reference point for determining future price movements.
Technical Analysis:
If prices remain below 19,954, the analysis predicts a potential decline of up to 8.29%, with support levels at 19,187, 18,688, and 18,317.
A break above 19,954 could signal a trend reversal, with potential resistance levels at 20,194 and 20,714.
UPWARD TARGET : 20,194 , 20,714.
DOWNWARD TARGET : 19,187 , 18,688 , 18,317.
Trade closed: target reached
reached our target + 165 pip profit.Trade active
Currently prices trading below 19,844 ,This indicates that the price is currently below a key resistance level of 19,844. It implies that the market sentiment is bearish as long as prices stay below this threshold.
The prediction is that if prices remain under 19,844, they could fall to the next support level at 19,535. This suggests a potential short-selling opportunity for traders looking to profit from the expected decline.
If the price breaks above 19,954, it would indicate a reversal of the current bearish trend. This breakout would signal a bullish sentiment, suggesting that prices could rise towards 20,194.
In case of a breakout above 19,954, the next target would be 20,194. This indicates a strong bullish momentum if the resistance is breached.
Trade closed: target reached
reached our target +220 pip profit .Trade active
prices again rising to reach 19,954 , and decline +210 pip profit .
as long as trading below 19,954 , it indicates to decline , by breaking this level expected to rising to reach resistance level .
Trade active
The NAS100USD is currently trading below 19,954, indicating continued downward pressure.
The analysis suggests that if the price remains below 19,954, further declines are expected.
The next potential support levels mentioned are 19,535, 19,187, and 19,688.
A percentage decline of 3.80% and 6.44% is mentioned, which likely corresponds to the potential drop from the current price to the projected support levels.
The text suggests that the price has stabilized below 19,954, reinforcing the bearish sentiment.
Overall ,The analysis is indicating a negative outlook for NAS100USD with expectations of continued decline to specified support levels, provided it stays below the 19,954 mark.
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