Technical Analysis: NAS100 The market appears to be in a bullish reversal setup after finding support and potentially moving towards our supply zone. If the price breaks above the equilibrium zone: It is likely to head towards the resistance levels marked by the Fib retracement levels. If the price fails to break the equilibrium zone: It may retest to the 50%...
I hope the chart explains everything, however, we can see GU had retrace to strong support levels, and also price is showing strong rejections on the H4, with that being said I'm predicting price to reach target 1.24061, while targeting to reach price 1.25556
price is at support zone 0.96041 I'm expecting price to buy long term to go test resistance zone 0.97034 {expect price to go test support zone 0.95955 before buying}
Price is currently buying from support zone 1.91716 expecting gpbaud to continue buying toward resistance zone 1.9464 then sell long term