SroshMayi

USNAS100 4H (Retest and then will go...)

OANDA:NAS100USD   US Nas 100
HELLO Everyone
NAS100USD

NASDAQ100 INDEX is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 15275
The next resistance located at 15795 is the next bullish objective to be reached.
The bullish movement could then continue toward the next resistance located at 15890
you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term.

and it is possible to do a retest till 15275
and With the current pattern:
pivot line: 15530
Support price: 15280 & 14110 & 14870
Resistance Price: 15630 & 15790 & 15890

Its range for Today will be between 15795 and 15275

NOTE:
Technical indicators confirm the bullish opinion of this analysis in the very short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections that might lead to a small bearish correction.

We hope you'll be profitable, and take a look of the chart to be clear for you

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