USNAS100/ Consolidation In The BEARISH Zone

Updated
Generally, the direction is a downtrend

Uptrend Side: To maintain the bullish trend, the price must remain within the bullish channel and stabilize above 21,215. Additionally, it is crucial to breach the range between 21,415 and 21,615 to further confirm the uptrend. However, if the price remains below this barrier, the bearish trend will persist, particularly if it manages to break through the lower boundary of the channel and penetrate the demand zone.

Tendency Keys: 21,215
Resistance Line: 21215, 21415, 21615
Support Line: 20900, 20540, 21190.
Trade closed: target reached
The price declined and successfully reached its full target, yielding a profit of +390 pips. Currently, it is attempting to breach the demand zone.

snapshot
Chart PatternsHarmonic PatternsTrend Analysis

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