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The chart you shared shows the Nasdaq 100 (NAS100) on a 15-minute timeframe with multiple support and resistance levels, volume data, and price action details. Here's a breakdown:
Key Features:
Price Levels:
The price shown at the time is 19,102.9 USD for Buy and 19,102.1 USD for Sell.
The chart's current price action is displayed in the upper section, showing a strong upward move (bullish) as indicated by the green candle reaching a new high.
Support and Resistance Zones:
Blue Zones: Represent support levels where price has bounced previously.
Red Zones: Represent resistance levels, where price has previously been rejected.
The orange zone is a resistance level around 18,900 that the price has broken through in the upward move.
Horizontal Lines:
Red dashed lines indicate key resistance levels.
Blue dashed lines indicate key support levels.
Volume and Labels:
The chart shows volume and key price levels in the upper-right corner, labeled as NWOG - Actual, showing the Friday's close and Sunday's open prices, which are helpful for determining gaps or market strength after a weekend
Key Features:
Price Levels:
The price shown at the time is 19,102.9 USD for Buy and 19,102.1 USD for Sell.
The chart's current price action is displayed in the upper section, showing a strong upward move (bullish) as indicated by the green candle reaching a new high.
Support and Resistance Zones:
Blue Zones: Represent support levels where price has bounced previously.
Red Zones: Represent resistance levels, where price has previously been rejected.
The orange zone is a resistance level around 18,900 that the price has broken through in the upward move.
Horizontal Lines:
Red dashed lines indicate key resistance levels.
Blue dashed lines indicate key support levels.
Volume and Labels:
The chart shows volume and key price levels in the upper-right corner, labeled as NWOG - Actual, showing the Friday's close and Sunday's open prices, which are helpful for determining gaps or market strength after a weekend
Disclaimer
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