NAS100USD
HELLO TRADERS
in recent days , prices have fallen sharply , with the issuance of shares of several companies and losses .
TARGET LEVEL :
HELLO TRADERS
in recent days , prices have fallen sharply , with the issuance of shares of several companies and losses .
- Tendency, the price is under bullish pressure , until the price trading above turning level at 18,244 .
- RESISTANCE ZONE : in order to see an increase , as long as trading and stabilizing above turning level at 18,244 , to support rising to reach of a resistance level (1) at 18,698 , to confirm a rising trading , price should be closing 1h or 4h candle above resistance level (1) to reach a resistance level (2) at 19,112 , this two level called resistance zone , there have been many sales in this zone before , may be the price reserve descending channel before rising .
- SUPPORT ZONE : should the price reserve and breaking turning level , indicates dropping to support level (1) around 17,435 , to confirm downward , the price it will be breaking 17,435 , by closing 4h candle below it to reach support level (2) at 17,047 , to reach support level (3) at 16,232 , the price should be stabilizing below 17,047 , there have been many buying in this zone before .
- Corrective level :Price may make a correction at 18,244 , before rising .
TARGET LEVEL :
- RESISTANCE LEVEL : 18,698 ,19,112 , 19,546 .
- SUPPORT LEVEL : 17,435 , 17,047 , 16,232 .
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Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.