USNAS100 4H : Support further rise up
Updated
US NAS 100
New forecast
The index price activated the upward impulse again, taking advantage of its recent stability above the level of 16905, to notice that it exceeded the first stable level at 17200, recording additional gains, to currently settle near 17350.
We point out that the continuation of presenting the main indicators of positive momentum and breaking the 17450 level may facilitate the task for the price, enabling it to record additional historical gains that may extend towards 17600 and reach 17800 in medium-term trading.for reminder that stabilized under 17200 will put the price under negative correction .
The expected trading range for today is between support 17200 and resistance 17805 until stabilized .
support line : 17450 , 17604
resistance line : 17200 , 16905
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New forecast
The index price activated the upward impulse again, taking advantage of its recent stability above the level of 16905, to notice that it exceeded the first stable level at 17200, recording additional gains, to currently settle near 17350.
We point out that the continuation of presenting the main indicators of positive momentum and breaking the 17450 level may facilitate the task for the price, enabling it to record additional historical gains that may extend towards 17600 and reach 17800 in medium-term trading.for reminder that stabilized under 17200 will put the price under negative correction .
The expected trading range for today is between support 17200 and resistance 17805 until stabilized .
support line : 17450 , 17604
resistance line : 17200 , 16905
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached
Trade closed: target reached
The price perfectly fulfills my last idea and price reached to our targets +600 pip .
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