NAS100 Weekly Analysis 4/7

8 thg 4, 2024

4/7 @ 8:49 pm EST
1. Beach Levels
M 7/8 17500
W BTW 7 & 6 18121.9 CMP
D 6/8 18125
4H 4/8 18125
1H 4/8 18125
M30 4/8 18125

2. Waves
Day: OS Selling; O OB Selling
4H: Mid Buying; O OS Selling
1H: OB; Y Middle
M30: OS Selling; O OB Selling

3. Channels
M- Bullish; Near top
W- Bullish; Top
D- Bullish; B/o downside w r/t
4H- Bullish; Bottom
1H- Bearish; Middle
M30-

4. Fib
4H Buy Fib
Looking price to reach -61.8 @18750
1H Buy Zone
50 @ 18175.6
61.8 @18104.1
100 @17789.9
M30 Sell Zone
50 @18128.8
61.8 @18187.8

If price breaks below 18099, look for sells down to @18021 @17968.8 @17890.6 @17812.5.

If price breaks out of 1H channel to upside/above 18250, look for short term buy to next zone @18334.
If price breaks above 18415, look for buys to @18515.6 @18556 @18600 @18670 @18750.

Opinion: This analysis is for education purposes only and is just my opinion, this is not a trade idea.