NAS100 (4H) Technical Analysis

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🔹 Trend Overview:
The market recently broke out of a downtrend, showing signs of a bullish reversal with higher highs (HH) and higher lows (HL).

🔹 Key Levels:
📈 Resistance: 20,600 – If broken, bullish momentum could continue.
📉 Support: 20,200 – Could act as a retest zone if price pulls back.

🔹 Market Structure:
✅ Higher highs & higher lows confirm an uptrend.
🚀 If 20,600 breaks, targets are 21,000 → 21,300.
⚠️ Rejection at 20,600 could lead to a pullback toward 20,200 or 19,880.

🔹 Trade Idea:

Bullish above 20,600 with a target of 21,000+.

Bearish rejection at 20,600 could provide a short opportunity toward 20,200.

📌 Risk Management: Wait for confirmations before entering trades. Set SL below recent structure lows.

Feragatname

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