NQ Facing Upside Pressure
After a sharp drop, US100 has approached the yellow support zone and is rejected and pushed to the upside.
Currently, price is facing a bullish pressure and is about to break the last minor high.
If price breaks the last minor high (red color) and the current 4H candle closed above 15840, we expect a rise to 15973 which is the next high, and in the case of an upside breakout and bullish candle closure above this level, the next target for NQ is around 16180 which is a supply area.
Currently, price is facing a bullish pressure and is about to break the last minor high.
If price breaks the last minor high (red color) and the current 4H candle closed above 15840, we expect a rise to 15973 which is the next high, and in the case of an upside breakout and bullish candle closure above this level, the next target for NQ is around 16180 which is a supply area.
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