Tendency , the price between two turning level around 19,983 & 19,681 .
TURNING LEVEL (1) : the price of this level at 19,983 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 19,681 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 20,218 , for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 20,539 , for reach this level it will be breaking by open 4h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 19,394 , for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 19,049 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : if the price corrective turning level (1) it is mean the price trying to reach a support level (1) , so if the price corrective a turning level (2) refers trying to reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL :20,218 , 20,539 ,
SUPPORT LEVEL : 19,394 , 19,049 .
Trade active
YESTERDAY , as mentioned breaking turning level (2) reach a support level , today the price stabilizing below this level and trying to reach a support level , currently price 19,562 .
Trade active
reach , first target , know stabilizing below support level (1) , it is mean refers to reach a support level (2) .
Trade active
nas100usd , reach a second target , for today we have some news in my opinion the price stay in bearish zone , as long as the price stabilizing below support level (2) , it will be attempt to reach a support level (3) .
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.