USNAS100 4H : Under 16436 will drop
Updated
USNAS100
New forecast
Yesterday, the index price was subjected to strong negative pressures, forcing it to postpone the upward attack by creeping in below the additional support centered at 16690. We noticed that it suffered significant losses by reaching around 16537, which calls us to suggest new bearish corrective trades to target the 16112 level, reaching around 15778 level . and to confirm the bearish trend should stable under 16436 level and then our targets will be activate .
Therefore the downward scenario will be remain valid and effective during coming period supported by moving average 50 that is continue to push the price to decline and negative correction , taking into account that stabilized above 16690 level will postponed the bearish waves .
The expect range trading for today it will be between the resistance line 16681 and support line 16112 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 16436 , 16112
resistance line : 16681 , 16905
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
Yesterday, the index price was subjected to strong negative pressures, forcing it to postpone the upward attack by creeping in below the additional support centered at 16690. We noticed that it suffered significant losses by reaching around 16537, which calls us to suggest new bearish corrective trades to target the 16112 level, reaching around 15778 level . and to confirm the bearish trend should stable under 16436 level and then our targets will be activate .
Therefore the downward scenario will be remain valid and effective during coming period supported by moving average 50 that is continue to push the price to decline and negative correction , taking into account that stabilized above 16690 level will postponed the bearish waves .
The expect range trading for today it will be between the resistance line 16681 and support line 16112 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 16436 , 16112
resistance line : 16681 , 16905
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❤️
Trade active
Trade closed: target reached
USNAS100The price perfectly fulfills my last idea and price reached to our first target +230 pip and still running .
If you want to hold put SL at entry .
Attention !! Today news will affect on the market be carefully
Trade active
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