NAS100USD ( BREAKOUT CHANNEL ) ( 4H )

NAS100USD

HELLO TRADERS

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

  • TURNING LEVEL : the price of turning level between 20,214 and 20,084 , if the price breaking 20,214 reach a resistance level , but if breaking 20,084 reach a support level .

  • RESISTANCE LEVEL : currently price 20,127 inside sensitive area , if the price breaking turning level at 20,214 reach a resistance level at 20,386 .

  • SUPPORT LEVEL : if the price breaking 20,084 reach a support level at 19,910 .

  • PRICE MOVEMENT : the price breaking ascending channel it mean under bearish pressure , know the price in a sensitive area between turning level at 20,214 and 20,084 , price breaking 20,214 by open 4h candle above this level reach a resistance level at 20,386 , then breaking this level reach a 20,708 , if the price breaking 20,084 by open 1h or 30 min below this level reach a support level at 19,910 , the breaking this level reach a 19,688 .

TARGET LEVEL
  • RESISTANCE LEVEL : 20,386 , 20,708 .
  • SUPPORT LEVEL ; 19,910 , 19,688 .
Chart PatternsHarmonic Patternsnas100analysisnasdaqideanasdaqsignalsnasdaqstocknasdaqstrategynasdaqtraderTrend Analysisusnas100usnas100nasdaqusnass100

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