Update
Potential Buy & sell trade opportunity on nas100 we can clearly see we are at a
Major Resistance level where we can see strong sellers in the market from previous
price action.
If price manage to give us a change of trend on the lower TF we can potentially
see price move back into 12000.0 supported area where we have highlighted
if price reacts around that area we can potentially see price break back above
12870.9 where we might see buyers take over the market if they are strong
enough to hold above that resistance zone.
once we break an close below 11700.0 we may see sellers take price lower
back into our daily support zone around 10690.0 daily lows.
Major Resistance level where we can see strong sellers in the market from previous
price action.
If price manage to give us a change of trend on the lower TF we can potentially
see price move back into 12000.0 supported area where we have highlighted
if price reacts around that area we can potentially see price break back above
12870.9 where we might see buyers take over the market if they are strong
enough to hold above that resistance zone.
once we break an close below 11700.0 we may see sellers take price lower
back into our daily support zone around 10690.0 daily lows.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.