After consolidation, Nas100 will be ready to rise for 4000 point
After consolidation, Nas100 will be ready to rise for 4000 points.
🔍Technical expectations:
🔹Further consolidation have to be expected around the local resistance.
🔹A break above the local resistance will send price higher and bears will likely have less control of the market.
🔹I see nothing that can hold the giant index back to reaching for new highs. It has always been on the rise and this is just a fresh new beginning for Nas100 to climb high seeing that it recently bounced up from the high timeframe support.
❗️Take note: Do not take my idea as a general advice or signal and act upon it without your own analysis. I encourage you to follow me that when I post new updates you get informed of this.
Please support this idea with a like and feel free to share your thoughts and opinions in the comment section below👍
Many wishes and trade smart!
🔍Technical expectations:
🔹Further consolidation have to be expected around the local resistance.
🔹A break above the local resistance will send price higher and bears will likely have less control of the market.
🔹I see nothing that can hold the giant index back to reaching for new highs. It has always been on the rise and this is just a fresh new beginning for Nas100 to climb high seeing that it recently bounced up from the high timeframe support.
❗️Take note: Do not take my idea as a general advice or signal and act upon it without your own analysis. I encourage you to follow me that when I post new updates you get informed of this.
Please support this idea with a like and feel free to share your thoughts and opinions in the comment section below👍
Many wishes and trade smart!
