NAS100USD ( TRYING TO REACH A ORDER BLOCK ) ( 4H )NAS100USD
HELLO TRADERS
TENDENCY : generally the price stabilizing above turning level , indicates is under bullish pressure
TURNING LEVEL : the price between 20,387 and 20,217and called a FVG , as long as the price trading above this level reach a resistance level , breaking this level trying to touch a support level .
PRICE MOVEMENT : the price in previously reach a first resistance level at 20,387 , currently price stabilizing this level , my goal resistance level at 20,703 .
PRICE ACTION :
LONG CONDITION : have two cases to rising for reach a resistance level , first case the price retest a 20,387 before reach a resistance level at 20,703 , second case price retest 20.217 , before rising , if the price breaking order block at 20, 783 reach a new resistance level at 20,929 .
SHORT CONDITION : if the price breaking turning level at 20.217, stabilizing below this level reach a support level at 19,810 , then breaking a supply zone reach a next level at 19,405
TARGET LEVEL :
LONG CONDITION / RESISTANCE LEVEL : 20,703 , 20,929
SHORT CONDITION / SUPPORT LEVEL : 19,810 , 19,405
US NAS 100
USNAS100 / Bullish Momentum Amid Earnings SeasonTechnical Analysis: Bullish Momentum Amid Earnings Season
Next Outlook:
The Nasdaq maintains a bullish trend as long as it trades above 20085. Stability below 20385 may trigger a retest down to 20085, whereas stability above 20385 indicates a potential push up to 20725.
Bullish Scenario:
As long as the price trades above 20385, targets are set at 20540 and 20725.
Bearish Scenario:
The price needs to stabilize below 20385 and close a 1-hour or 4-hour candle under this level to target 20085. A break below 20085 would open the path to a bearish zone, aiming for 19845 and 19625.
Key Levels:
- Pivot Line: 20385
- Resistance Levels: 20540, 20725, 20900
- Support Levels: 20085, 19845, 19625
Today's Expected Range:
The price is anticipated to fluctuate between the support at 20085 and the resistance at 20725.
NASUSD100 ( UNDER BULLISH PRESSURE ) ( 4H )NAS100USD
HELLO TRADERS
TURNING LEVEL : around 20.542 , the price stabilizing this level indicates active resistance level , if the price breaking this level trying to reach a support level
PRICE MOVEMENT :
ACTIVE RESISTANCE LEVEL : know the price trade above 20.542 , indicates active this level in my opinion , the price it will attempt to reach a turning level after touch a resistance level around 20,703 , then breaking this level trying to reach a historical peaks around 20,906
ACTIVE SUPPORT LEVEL : this level become active when the price breaking a turning level at 20.542 , which is what make it reach a support level at 20,219 , then by opening 4h candle below this level reach a 19,978
TARGET LEVEL :
TENDENCY : 20.542
RESISTANCE LEVEL :20,703 , 20,906
SUPPORT LEVEL : 20,219 , 19,978
NAS100USD Is Bullish! Long!
Please, check our technical outlook for NAS100USD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 19,781.5.
The above observations make me that the market will inevitably achieve 20,661.5 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NAS100USD Will Move Lower! Short!
Take a look at our analysis for NAS100USD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 19,927.1.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 19,712.4 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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NAS100 OR US100 EVERYDAY TRADE SETUPDear All,
This my idea for Short. NAS100 collect BUY side liquidity And RSI overbought NOW market ready for short .
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