USNAS100 4H : uptrend
Updated
USNAS100
New forecast
The index price rose yesterday, prompting it to breach the additional barrier stationed at 14582, forming a strong upward corrective rebound, achieving some gains by reaching around 14762. with More bullish attempts are likely.
Therefore the upward trend scenario will be remain valid and effective supported by moving average 50 that is continue to support the price to rise up ,Corrective trading may currently extend towards 14910, with the price testing the broken channel support, which in turn constitutes a strong resistance against bullish trading, so exceeding the resistance will reach 15063. also it is possible to do a retest to 14688 and then rise up .
The expect range trading for today it will be between resistance line 14910 and support line 14688 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
support line : 14688 , 14582
resistance line : 14822 , 14910
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The index price rose yesterday, prompting it to breach the additional barrier stationed at 14582, forming a strong upward corrective rebound, achieving some gains by reaching around 14762. with More bullish attempts are likely.
Therefore the upward trend scenario will be remain valid and effective supported by moving average 50 that is continue to support the price to rise up ,Corrective trading may currently extend towards 14910, with the price testing the broken channel support, which in turn constitutes a strong resistance against bullish trading, so exceeding the resistance will reach 15063. also it is possible to do a retest to 14688 and then rise up .
The expect range trading for today it will be between resistance line 14910 and support line 14688 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
support line : 14688 , 14582
resistance line : 14822 , 14910
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 target +200 pip.
The index price rose up yesterday and it was successfully to stability above the resistance zone so now we expect the price will be continue at the bullish trend to targeting 15063 and 15182 ,
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 ,keeping in mind that the price need to formed a negative correction to 14910 and if breach it it will reach to 14822 and then will rise up so be careful , it is possible to do a retest in any time .
The expect range trading for today it will be between resistance line 15063 and support line 14822 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
support line : 14910 ,14822
resistance line : 15063 , 15182
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
USNAS100The price perfectly fulfills my last idea and price reached to our first target +100 pip .
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