US Nas 100
Long
Updated

USNAS100 - It looks like BULLISH trend

249
Generally, the direction is a downtrend

Uptrend Side: The price is anticipated to initiate a bullish trend upon stabilizing above 20,715, especially if a 4-hour candle closes above this level. Furthermore, the price is expected to approach the 20,715 resistance level shortly, with targets set at 20,865 and 21,020.

Downtrend Side: The bearish trend with trading below 20,550 is likely to extend the downtrend toward 20,325 and subsequently to 19,990.

Tendency Keys: 20,715
Trade active
Based on my analysis, the price increased by +180 pips and stabilized above 21,715, with expectations of reaching 20,865.

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.