NAS100USD / OVERALL DIRECTION TOWARDS DOWNWARD /4H
NAS100USD / 4H TIME FRAME
HELLO TRADERS
Current Trend:
• Prices are under downward pressure as they remain below the resistance level of 20,839.
• The market appears to be consolidating or stabilizing around this level, preparing for a potential move.
Upward Scenario:
• If prices remain below 20,839, it is suggested that they may decline further:
• First target: 20,666 (support level).
• Further decline to 20,451 (next major support).
Downward Scenario:
• If the price breaks above 20,839 (the resistance level), it could lead to a rally:
• Initial target: 21,105.
• Further move to 21,249, which is identified as the All-Time High (ATH).
HELLO TRADERS
Current Trend:
• Prices are under downward pressure as they remain below the resistance level of 20,839.
• The market appears to be consolidating or stabilizing around this level, preparing for a potential move.
Upward Scenario:
• If prices remain below 20,839, it is suggested that they may decline further:
• First target: 20,666 (support level).
• Further decline to 20,451 (next major support).
Downward Scenario:
• If the price breaks above 20,839 (the resistance level), it could lead to a rally:
• Initial target: 21,105.
• Further move to 21,249, which is identified as the All-Time High (ATH).
Trade active
UPDATE
Current Situation:
• Prices today complement a decline that occurred yesterday.
• Yesterday’s decline resulted in a profit of +110 pips (a common metric in forex trading to measure price movement).
Current Trading Levels:
• The price is currently trading between 20,990 and 20,105.
• Stabilization below these levels is emphasized as critical for further price movements.
Possible Scenarios:
• Downward Continuation:
• If the price remains below 20,990, targets are projected at:
• 20,796
• 20,666
• 20,451 (suggesting progressive lower price levels).
• Upward Breakout:
• If the price breaks above 21,105, it suggests an increase toward an all-time high (ATH) around 21,249.
Overall Sentiment:
• The market is currently under downward pressure, meaning bearish sentiment dominates unless a significant breakout occurs.
Trade closed: target reached
the prices reached our target +300 pip profit
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.