USNAS100 4H : Sensitive zone
USNAS100
OUTLOOK
The index price failed to confirm its breach of the stable barrier at 15182 to postponed the bearish trend . We notice that it is presenting unstable mixed trades
Technical abstract :
The price trading at the narow area between 15182 and 15262 and price presenting unstable mixed trades within that area ,so we continue to monitor it and wait for it to be freed from one of them so that we can determine the proposed targets for the trading in the coming period.
so stabilized above 15262 will help the price to build a positive momentum again and will support the price to rise up and reach to 15418 and 15534.
for reminder , stabilized under 15182 will stop the bullish scenario and will start the negative attempts .
Additionally , today New York session will affect the market .
support line : 15182 , 15083
resistance line : 15262 , 15350
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OUTLOOK
The index price failed to confirm its breach of the stable barrier at 15182 to postponed the bearish trend . We notice that it is presenting unstable mixed trades
Technical abstract :
The price trading at the narow area between 15182 and 15262 and price presenting unstable mixed trades within that area ,so we continue to monitor it and wait for it to be freed from one of them so that we can determine the proposed targets for the trading in the coming period.
so stabilized above 15262 will help the price to build a positive momentum again and will support the price to rise up and reach to 15418 and 15534.
for reminder , stabilized under 15182 will stop the bullish scenario and will start the negative attempts .
Additionally , today New York session will affect the market .
support line : 15182 , 15083
resistance line : 15262 , 15350
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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