US Nas 100
Short
Updated

NAS100USD / UNDER DOWNWARD PRESSURE / 4H

580
NAS100USD / 4H TIME FRAME

HELLO TRADERS

Current Price Action:
The price is currently close to the ATH at 21,250,As long as it remains below this level, it is expected to decline further.

Expected Decline:
If the price does not break above the ATH, it may drop towards a “Fair Value Gap” (FVG) between 20,482 and 20,324, which may represent a target or support zone.

Upward Scenario:
If the price breaks above the ATH, specifically by closing a 4-hour (4H) candle above 21,250, it could indicate a bullish momentum, potentially leading to a new ATH around 21,381.

Overall Sentiment:
The overall outlook is bearish if the price remains below the ATH, suggesting that trading pressure is downward until there’s a clear breakout.
Trade closed: target reached
snapshot
reached +790 pip profit.

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