USNAS100 4H : New forecast
Updated
USNAS100
New forecast
The index price is trading near the support level 14378 without recording any new negative target which is important for price during coming period.
Therefore ,stability above that resistance we mentioned above will open the way to earn more points and will support the price to reach 14507 and breach that level will extend to 14582 .on the other hand if price failure to stabilized above the resistance zone then will forced the price to drop again and targeting the negative targets 14250 and 14192 for remembering the moving average 50 still support further decline .
The expect range trading for today it will be between resistance line 14378 and support line 14250 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
support line : 14250 , 14192
resistance line : 14378 , 14507
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 is trading near the support level 14378 without recording any new negative target which is important for price during coming period.
Therefore ,stability above that resistance we mentioned above will open the way to earn more points and will support the price to reach 14507 and breach that level will extend to 14582 .on the other hand if price failure to stabilized above the resistance zone then will forced the price to drop again and targeting the negative targets 14250 and 14192 for remembering the moving average 50 still support further decline .
The expect range trading for today it will be between resistance line 14378 and support line 14250 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
support line : 14250 , 14192
resistance line : 14378 , 14507
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 as we mentioned if price failure to stabilized above the resistance zone then will forced the price to drop again and price reached to our negative target +110 pip .
now price trying to breach that level and if successfully to breach and stability above it then the positive target will be activate and will postponed the bearish waves .
Note
USNAS100
New forecast
The price perfectly fulfills my last idea + 110 pip .
The index price rose yesterday and reached the resistance line at 14378 and quickly fell below it. As long as the price trades below that area, the price will continue in the downward trend, targeting 14250 and if settling below it, which will open the door to further decline and reach to 14192 and 14070.
Therefore, the downward trend scenario will remain in place, supported by the moving average 50, as it continues to push the price down, taking into account that the penetration and stability above 14378 will postpone the downward trend and price will try to rise up and then will drop .
The expect range trading for today it will be between resistance line 14507 and support line 14250 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
support line : 14250 , 14192
resistance line : 14378 , 14507
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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