USNAS100 - UPTREND CHANNEL
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Generally, the direction is uptrend
The price has formed an ascending channel, indicating a continuation of the upward trend. We anticipate that the price will rise to test the resistance levels at 20,865 and 20,020. In an ascending channel, the price oscillates between parallel upward-sloping support and resistance lines, reflecting higher highs and higher lows. This pattern suggests sustained bullish momentum.
Uptrend Side: stabilized above 21,715, with expectations of reaching 20,865 and 21020.
Downtrend Side: The bearish trend with trading below 20715 is likely to extend the downtrend toward 20,550 and subsequently to 20,325.
Tendency Keys: 20715
The price has formed an ascending channel, indicating a continuation of the upward trend. We anticipate that the price will rise to test the resistance levels at 20,865 and 20,020. In an ascending channel, the price oscillates between parallel upward-sloping support and resistance lines, reflecting higher highs and higher lows. This pattern suggests sustained bullish momentum.
Uptrend Side: stabilized above 21,715, with expectations of reaching 20,865 and 21020.
Downtrend Side: The bearish trend with trading below 20715 is likely to extend the downtrend toward 20,550 and subsequently to 20,325.
Tendency Keys: 20715
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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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