USNAS100 - Toward Decline
The US NAS100 price is currently fluctuating between the resistance level of 19,810 and the support level of 19,605. This range represents a significant threshold that has yet to be definitively crossed. However, today's market conditions are likely to be influenced by robust economic data, including GDP figures, which are expected to cause a shift in this range. Consequently, there are two potential directions for today's market movement:
Bullish Direction: This will come into play if the price rises and stabilizes above the resistance level of 19,810, as confirmed by the closing of a 4-hour candle. In this case, the price is likely to reach the next target of 19,995, which is approximately the previous high level.
Bearish Direction: This will be triggered if the price falls below the support level of 19,605 and continues downward towards 19,400.
Bullish Direction: This will come into play if the price rises and stabilizes above the resistance level of 19,810, as confirmed by the closing of a 4-hour candle. In this case, the price is likely to reach the next target of 19,995, which is approximately the previous high level.
Bearish Direction: This will be triggered if the price falls below the support level of 19,605 and continues downward towards 19,400.
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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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