NAS100USD / TRADING UNDER EARNING Q3 / 4H

Updated
NAS100USD / 4H TIME FRAME

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Initial Achievement , Prices have reached a target with a profit of +350 pips, indicating successful movement in the predicted direction.

Current Trading Range , Prices are currently within a Fair Value Gap (FVG) between 20,549 and 20,410. An FVG is an area where liquidity may exist, so prices might experience some consolidation here.

If prices break below 20,146 (the demand line) and hold there, this would likely confirm a downtrend , A demand line often indicates support, where buyers might step in to prevent further drops.

Stabilizing within the FVG (above 20,410) suggests potential to reach 20,820 and further to 20,968 , If prices stabilize above the demand line, this would indicate strength and could push prices towards the target.

Overall Sentiment , The analysis concludes with an upward pressure bias, suggesting the analyst anticipates more bullish movement despite potential consolidation zones.

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UPDATE:

The NAS100USD index dropped by 3.71% yesterday, primarily due to the release of disappointing Q3 earnings. This decline led the index to break a key demand line, indicating that it may approach the next demand zone, which lies between 19,963 and 19,735.

Currently, the price is trading under bullish pressure. If it can stabilize within or above this 19,963-19,735 demand zone, there’s potential for the index to increase toward the next supply zone, which ranges from 20,187 to 20,303. Should it break above this level, the index might further rise to the supply zone between 20,596 and 20,679.

However, if the demand zone between 19,963 and 19,735 fails to hold, the index could see further declines, potentially reaching a stronger demand zone between 19,515 and 19,366. This level is expected to provide more robust support.
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