NAS Bulls Still in Control

Date: 7/28/2021

Pair: NAS100USD

Daily

Daily : After retesting a crucial extension level NAS100 continued its bullish momentum with an aggressive push. Price retested the 14500 level from our previous article and went on to move +6,400 pips! We started this week (7.27) with a bullish break above all time highs.

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4HR (Macro view)

4hr: Price is continuing to make higher lows and higher highs. Price created support at 15055 which could be a new higher low. There are 2 likely buy levels for this week: 15060 and 15000.

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4 HR

4HR: Price is already making a break outside of this new range we formed (15060-15130). I am looking to buy at the 15060 support level or the 14995 level depending on how deep this next retracement is. If price breaks through resistance and doesn't give us the opportunity to enter then I will go long at the break and retest of 15175 (the -0.27 fibonacci extension level) and will aim for my upside targets of 15200 and 15240.

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Roy Dunia

ChartAddicts

7/19/2021

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