SroshMayi

USNAS100 4H (Still toward 16400)

OANDA:NAS100USD   US Nas 100
USNAS100 FORECAST

The price reached our target perfectly which was 16000

The bullish trend is currently very strong on the NASDAQ INDEX. As long as the price remains above the support at 16000,
The first bullish objective is located at 16400, The bullish momentum would be boosted by a break in this resistance.
Buyers would then use the next resistance located at 16650 as an objective.
Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term.

stabilizing under 16000 by closing the 4h candle will support the bearish trend to get 15760

pivot line: 16000
Support price: 15860 & 15770 & 15540
Resistance Price: 16400 & 16660 & 16760

Its range for Today will be between 15860 and 16400

last idea:

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