USNAS100 4H : Still support to rise up
Updated
USNAS100
New forecast
The price of the index fell in yesterday’s trading after testing the resistance area at the level of 16530, and now it is trying to stabilize above it. We stress the importance of trading currently remaining above the previously mentioned support, so that this provides an opportunity for the price to gather positive momentum and then to repeat attempts to reach the positive stations currently stable near 16905 and 17200 levels. respectively.
Therefore we still prefer the upward scenario for coming period , for reminder the moving average still support the price to rise up , taking into account that stabilized under under 16530 level and 16436 level will postponed the bullish waves and put the price under sell pressure .
The expect range trading for today it will be between the resistance line 17200 and support line 16436 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 16530 , 16436
resistance line : 16905 , 17200
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❤️
New forecast
The price of the index fell in yesterday’s trading after testing the resistance area at the level of 16530, and now it is trying to stabilize above it. We stress the importance of trading currently remaining above the previously mentioned support, so that this provides an opportunity for the price to gather positive momentum and then to repeat attempts to reach the positive stations currently stable near 16905 and 17200 levels. respectively.
Therefore we still prefer the upward scenario for coming period , for reminder the moving average still support the price to rise up , taking into account that stabilized under under 16530 level and 16436 level will postponed the bullish waves and put the price under sell pressure .
The expect range trading for today it will be between the resistance line 17200 and support line 16436 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 16530 , 16436
resistance line : 16905 , 17200
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❤️
Note
USNAS100Update
The price perfectly fulfills my last idea and we got about +100 pip, and our targets is still activate ..
If you want to hold put SL at entry and wait for our targets targets .
Note
USNAS100Update
Sideways and weak trades dominate the USNAS100 price due to the holiday in the financial markets, so the scenarios suggested in our recent reports remain unchanged, and we recommend reviewing them to learn about the trends.
Trade closed: target reached
USNAS100
Update
The price perfectly fulfills my last idea and price reached to our targets +200 pip .
The index price confirmed its continued surrender to the control of the previously suggested upward trend by recording new historical gains due to its touching the 16905 level and holding near it to confirm the continuation of the upward trend and reaching the 17200 level and extending to 17350.
Therefore the upward scenario will remain valid and effective during coming period supported by moving average 50 , but right now it possible to do a retest and then rise up , taking into account that stabilized under 16905 level will force the price to start a negative correction .
The expect range trading for today it will be between the resistance line 17200 and support line 16690 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 16905 , 16690
resistance line : 17200 , 17350
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❤️
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