USNAS100 4H : Support further rise up
USNAS100
New forecast
The price perfectly fulfills my last idea and price reached to our targets +150 pip.
The index price remains stable near the barrier currently represented at the level of 16787, trying to find an outlet to resume the previously suggested upward attack, until it gathers additional positive momentum to facilitate the task of confirming the breakthrough, and then let us wait for it to achieve new historical gains that may start from 17100.00 and 17200, respectively.
Therefore the upward scenario will be more likely during coming period supported by moving average 50 that is continue support the price to rise up , taking into account that stabilized under 16690 level will force the price to start a negative correction .
The expect range trading for today it will be between the resistance line 17200 and support line 16436 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 16690 , 16436
resistance line : 17000 , 17200
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❤️
New forecast
The price perfectly fulfills my last idea and price reached to our targets +150 pip.
The index price remains stable near the barrier currently represented at the level of 16787, trying to find an outlet to resume the previously suggested upward attack, until it gathers additional positive momentum to facilitate the task of confirming the breakthrough, and then let us wait for it to achieve new historical gains that may start from 17100.00 and 17200, respectively.
Therefore the upward scenario will be more likely during coming period supported by moving average 50 that is continue support the price to rise up , taking into account that stabilized under 16690 level will force the price to start a negative correction .
The expect range trading for today it will be between the resistance line 17200 and support line 16436 until stabilized .
Additionally Today ,New York sessions will affect on the Indices .
Additionally ,Today News will affect on the market .
support line : 16690 , 16436
resistance line : 17000 , 17200
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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