US Nas 100Short
USNAS100 - Consolidation Between 18.400 and 18.085
Stock futures rose on Wednesday following Wall Street's recovery from a three-day losing streak, with Nasdaq 100 futures increasing by 1.1%.
Generally, the direction is a downtrend as long as trade is below the level of 18.400.
Uptrend Side: To confirm the uptrend, the price should stabilize above the resistance of 18.400 by closing the 4H candle to touch 18.650 and above it to 18.930.
Downtrend Side: The price has a bearish trend because it is trading under 18.400. Currently, the price is trading under 18.080, so will support the price to reach 17.640 and, under it, 17.220.
Tendency Keys: 18.400
Generally, the direction is a downtrend as long as trade is below the level of 18.400.
Uptrend Side: To confirm the uptrend, the price should stabilize above the resistance of 18.400 by closing the 4H candle to touch 18.650 and above it to 18.930.
Downtrend Side: The price has a bearish trend because it is trading under 18.400. Currently, the price is trading under 18.080, so will support the price to reach 17.640 and, under it, 17.220.
Tendency Keys: 18.400
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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