US100 Reversal Setup | Bearish Outlook on 5D Timeframe

9 Şub

This is a potential short setup for US100 (Nasdaq 100) based on the 5-day timeframe. The price is currently testing a key resistance level around 22,131.6, where multiple rejections have occurred. If the price fails to break above this level, we could see a strong downside move.

🔹 Entry Zone: Around resistance with confirmation of rejection
🔹 Stop Loss: Above the key resistance zone
🔹 Target Levels: Key support areas in the downtrend structure

The projected price movement follows a lower high, lower low formation, indicating a potential shift in market structure. However, this is not financial advice—just an educational analysis based on technical observations. Always conduct your own research and risk management before trading. 🚀📉

16 Şub

İşlem aktif

In our previous analysis, we identified a key resistance level around 22,131.6, anticipating a potential bearish reversal upon rejection at this zone. The recent price action shows the index approaching this critical resistance, aligning with our initial bearish outlook.

Key Observations:

Resistance Level: 22,131.6
Current Price: 22,114.69
Price Action: Approaching resistance with potential for rejection
Given the proximity to the resistance level, traders should monitor for signs of rejection or a breakout. A confirmed rejection could validate the bearish setup, while a decisive break above may invalidate it.

This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and risk management before making trading decisions.