USNAS100 4H : Stabilized above 16112 will rise up again
Updated
USNAS100
New forecast
The index price began to form new positive trades, taking advantage of the repeated stability above the additional support centered at 15910, to notice that it achieved some gains by stabilizing near 16112, waiting for stability above the 16112 level to target the 16285 and 16436 areas, respectively.
Therefore the upward scenario will be more likely during coming period supported by moving average 50 that is continue to support the price to rise up , but to confirm the bullish trend should stable above 16112 level and then our targets will be active , taking into account that failure to stabilized above 16112 level will force the price to drop again and visit the previous broken areas .
The expect range trading for today it will be between the resistance line 16285 and support line 15910 .
Additionally Today ,New York sessions will affect on the Indices .
support line : 15910 , 15769
resistance line : 16112 , 16285
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New forecast
The index price began to form new positive trades, taking advantage of the repeated stability above the additional support centered at 15910, to notice that it achieved some gains by stabilizing near 16112, waiting for stability above the 16112 level to target the 16285 and 16436 areas, respectively.
Therefore the upward scenario will be more likely during coming period supported by moving average 50 that is continue to support the price to rise up , but to confirm the bullish trend should stable above 16112 level and then our targets will be active , taking into account that failure to stabilized above 16112 level will force the price to drop again and visit the previous broken areas .
The expect range trading for today it will be between the resistance line 16285 and support line 15910 .
Additionally Today ,New York sessions will affect on the Indices .
support line : 15910 , 15769
resistance line : 16112 , 16285
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Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Comment
USNAS100
Update
The price of the index declined, and we noticed its rebound yesterday after touching the level of 16112. We would like to remind you of the importance of trading remaining above the additional support centered at 16112, so that this increases the chances of the price gathering the positive momentum required to reach the main stations represented by the level of 16285, reaching around 16436 in the medium period trading.
As for the price surrendering to negative pressures and infiltrating without additional support, this will force it to activate the downward corrective path, so we expect it to be attracted towards .15910 before recording any new positive target.
The expect range trading for today it will be between the resistance line 16285 and support line 15910 .
Additionally Today ,New York sessions will affect on the Indices .
support line : 15910 , 15769
resistance line : 16112 , 16285
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Comment
USNAS100
Update
The stability effect of the stable barrier at 16112 continued, forcing it to form a temporary negative bounce, thus testing the support of the intraday side path centered at 15910, and trading above it.
We expect the price to currently be on a sideways path and unstable, so we will remain neutral until we make sure to break through one of the sides to determine the targets, where breaching the 16112 level will confirm the upward trend and reach the areas 16285 and 16436.taking into account that stabilized under 15769 level will put the price under sell pressure .
The expect range trading for today it will be between the resistance line 16285 and support line 15769 .
Additionally Today ,New York sessions will affect on the Indices .
support line : 15910 , 15769
resistance line : 16112 , 16285
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Comment
USNAS100 The price perfectly fulfills my last idea and we got about +70 pip.
if you want to hold put SL at entry .
Comment
USNAS100
Update
The index price is still affected at this moment by the dominance of the sideways bias due to its position between the stable barrier at 16112, while the 15852 level represents support for the current path therefore we still have to wait until breach one of the support or resistance .
The above calls for us to remain neutral until the price succeeds in finding an exit from the side path and then determines the proposed targets for the near and medium period. The price’s success in penetrating the 16112 barrier will open the door to reaching new positive stations that may start from 16285 and extend to 16436, while breaking the 15852 support. And stability below it will force him to activate the downward corrective path.
The expect range trading for today it will be between the resistance line 16112 and support line 15852 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
support line : 15852 , 15769
resistance line : 16112 , 16285
Attention : We don't have any group in telegram be careful about scammer
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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