USNAS100 4H : Uptrend
Updated
USNAS100
New forecast
The index price ended Friday’s trading by forming a strong upward rally, surpassing the stable barrier at 15353. We noticed that it recorded some additional gains by reaching 15538. These factors call us to prefer more upward attempts to wait for the soon arrival towards 15538 again and breach this level will support the price to reach 15627 .
Therefore the uptrend scenario will be remain valid and effective during coming period , taking into account that stabilized under 15356 will postponed the bullish scenario . also it is possible to retest and then rise up
The expect range trading for today it will be between the resistance line 15627 and support line 15356.
support line : 15422 , 15356
resistance line : 15538 , 15627
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New forecast
The index price ended Friday’s trading by forming a strong upward rally, surpassing the stable barrier at 15353. We noticed that it recorded some additional gains by reaching 15538. These factors call us to prefer more upward attempts to wait for the soon arrival towards 15538 again and breach this level will support the price to reach 15627 .
Therefore the uptrend scenario will be remain valid and effective during coming period , taking into account that stabilized under 15356 will postponed the bullish scenario . also it is possible to retest and then rise up
The expect range trading for today it will be between the resistance line 15627 and support line 15356.
support line : 15422 , 15356
resistance line : 15538 , 15627
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Order cancelled
Trade closed: target reached
USNAS100
New forecast
The price perfectly fulfills my last idea and price reached to our first target +65 pip , but we cancelled the order due to the bad satiation .
The index price rose with its recent positive surge to the level of 15538, approaching our main target and thereby confirming its continued surrender to the control of the previously suggested upward bias.
Therefore we still prefer the upward trend but because of today news we may have to wait until released the news to know clearly the next setups , so if the result released as positive for indices
and price break 15538 then the price will rise up to reach 15627 other wise if price stable under 15423 then the price will be under sell pressure to reach 15356 and 15267 .
The expect range trading for today it will be between the resistance line 15627 and support line 15356.
Additionally Today ,New York sessions will affect on the Indices .
support line : 15422 , 15356
resistance line : 15538 , 15627
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
USNAS100
New forecast
The price perfectly fulfills my last idea and price reached to our targets + 400 pip .
The trading price rose in yesterday’s trading and tightened its surrender to controlling the trend by exceeding the stable barrier at 15796. so we expect the price will be continue at the bullish trend but to confirm that should stable above 15914 and then our target will be 16112 and extend to 16285.
Therefore the upward scenario will be remain valid and effective during coming period supported by moving average 50 that is continue to support the price to rise up , taking into account that stabilized under 15796 will put the price under negative correction to reach 15627 and then will rise up .
The expect range trading for today it will be between the resistance line 16112 nd support line 15796 .
Additionally Today ,New York sessions will affect on the Indices .
support line : 15796 , 15627
resistance line : 15917 , 16112
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Note
USNAS100
Update
Yesterday the index price was forced to form a negative correction, and we noticed that it crept towards 15800, gathering positive momentum to rise again.
Therefore ,we still prefer the upward trend during coming period supported by moving average 50 that is continue to support the price to rise up and to confirm the bullish trend should stable above 15800 and then our target will be 15910 and breach this level will task easier in front of the price to reach 16112. taking into account that under 15800 will force the price to be continue at the negative correction to reach 15627 and then rise up and stabilized under 15627 will postponed the bullish trend .
The expect range trading for today it will be between the resistance line 16112 and support line 15627 .
Additionally Today ,New York sessions will affect on the Indices .
support line : 15627 , 15538
resistance line : 15800 , 15910
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Note
USNAS100
Update
The index price presented more sideways fluctuation by settling near 15800, generally maintaining positive stability within the axes of the main ascending channel.
Therefore the upward scenario will be remain valid during coming period but in condition the price stabile above 15800 and our target will be 15910 and stabilized above this level is important for coming targets , stabilized above this level will help the price to reach 16112 and 16285, taking into account that stabilized under 15800 will put the price under negative correction again .
Additionally Today ,New York sessions will affect on the Indices .
support line : 15800 , 15627
resistance line : 15910 , 16112
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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