USNAS100 - Continuous Decline
Based on our last analysis, we said the price would reach 19000 and, under it, 18905. After the price touched this level, it reversed toward 19000. Currently, the price is trading between these two levels.
Generally, the direction is downtrending
Downtrend Side: The NASDAQ index is presently trading under 19,000. Currently, the price is trying to break 18.905. Any breaking under the 18.905 level by the 1H candle will be more bearish until 18.605.
Uptrend Side: The uptrending price will be confirmed when it crosses the zones of 19.810 and 19.615 by closing the 1D candle. Also, to reach this zone, the price should cross several levels, like a resistance of 19.200 by the closing of the 4H candle and 19.500 by the 1H candle.
Tendency Keys: 19.000 and 18.905
Generally, the direction is downtrending
Downtrend Side: The NASDAQ index is presently trading under 19,000. Currently, the price is trying to break 18.905. Any breaking under the 18.905 level by the 1H candle will be more bearish until 18.605.
Uptrend Side: The uptrending price will be confirmed when it crosses the zones of 19.810 and 19.615 by closing the 1D candle. Also, to reach this zone, the price should cross several levels, like a resistance of 19.200 by the closing of the 4H candle and 19.500 by the 1H candle.
Tendency Keys: 19.000 and 18.905
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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