NAS100USD ( BREAKOUT CHANNEL ) ( 4H )

17 ביולי

NAS100USD

HELLO TRADERS

• Tendency , after breakout channel the price is under bearish pressure .
  
  
• TURNING LEVEL : the price of turning level between 20,214 and 20,084 , if the price breaking 20,214 reach a resistance level , but if breaking 20,084 reach a support level .
  
  
• RESISTANCE LEVEL : currently price 20,127 inside sensitive area , if the price breaking turning level at 20,214 reach a resistance level at 20,386 .
  
  
• SUPPORT LEVEL : if the price breaking 20,084 reach a support level at 19,910 .
  
  
• PRICE MOVEMENT : the price breaking ascending channel it mean under bearish pressure , know the price in a sensitive area between turning level at 20,214 and 20,084 , price breaking 20,214 by open 4h candle above this level reach a resistance level at 20,386 , then breaking this level reach a 20,708 , if the price breaking 20,084 by open 1h or 30 min below this level reach a support level at 19,910 , the breaking this level reach a 19,688 .
  

TARGET LEVEL

• RESISTANCE LEVEL : 20,386 , 20,708 .
  
• SUPPORT LEVEL ; 19,910 , 19,688 .