Analysis of NAS100 (H4 Timeframe)
Key Observations:
Downtrend Structure
The market has been in a consistent downtrend since February 2025.
Lower highs and lower lows indicate strong bearish momentum.
Key Support Zone (Near 19,225)
The price is currently sitting at a critical support level.
If buyers step in, we could see a bounce to previous resistance levels.
If this level breaks, the next potential target could be around 18,800 - 18,700.
No Clear Bullish Signs Yet
The price is still making lower highs.
A bullish reversal would require a strong rejection or bullish candlestick pattern at support.
Possible Trade Setups
Bullish Setup (Buy Trade - If Support Holds)
✅ Entry: If price forms a bullish reversal pattern around 19,225 - 19,300.
🎯 Target: First target 19,800, second target 20,400.
🛑 Stop-Loss: Below 19,100 to avoid fakeouts.
📈 Confirmation: Look for bullish engulfing candles or double-bottom formations.
Bearish Setup (Sell Trade - If Support Breaks)
❌ Entry: Below 19,100 after a strong bearish close.
🎯 Target: First target 18,800, second target 18,600.
🛑 Stop-Loss: Above 19,400 to protect against false breakdowns.
Final Thoughts:
Right now, NAS100 is at a make-or-break level.
If buyers defend support, a rally to 19,800+ is likely.
If support breaks, expect a further drop to 18,800 or lower.
Wait for confirmation before entering a trade.
Key Observations:
Downtrend Structure
The market has been in a consistent downtrend since February 2025.
Lower highs and lower lows indicate strong bearish momentum.
Key Support Zone (Near 19,225)
The price is currently sitting at a critical support level.
If buyers step in, we could see a bounce to previous resistance levels.
If this level breaks, the next potential target could be around 18,800 - 18,700.
No Clear Bullish Signs Yet
The price is still making lower highs.
A bullish reversal would require a strong rejection or bullish candlestick pattern at support.
Possible Trade Setups
Bullish Setup (Buy Trade - If Support Holds)
✅ Entry: If price forms a bullish reversal pattern around 19,225 - 19,300.
🎯 Target: First target 19,800, second target 20,400.
🛑 Stop-Loss: Below 19,100 to avoid fakeouts.
📈 Confirmation: Look for bullish engulfing candles or double-bottom formations.
Bearish Setup (Sell Trade - If Support Breaks)
❌ Entry: Below 19,100 after a strong bearish close.
🎯 Target: First target 18,800, second target 18,600.
🛑 Stop-Loss: Above 19,400 to protect against false breakdowns.
Final Thoughts:
Right now, NAS100 is at a make-or-break level.
If buyers defend support, a rally to 19,800+ is likely.
If support breaks, expect a further drop to 18,800 or lower.
Wait for confirmation before entering a trade.
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.
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.