Cedwa001

NAS100 Weekly Analysis 3/24

OANDA:NAS100USD   US Nas 100
3/24 @ 8:50 pm EST
1. Beach Levels
M 7/8 17500
W 7/8 18750
D BTW 5 & 6 18375 CMP
4H 7/8 18359.4
1H 7/8 18359.4
M30 2/8 18359.4

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

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

4. Fib
4H Buy Fib
Looking price to reach -61.8 @18750
1H Buy Zone
50 @ 18175.6
61.8 @18104.1

If price breaks out of M30 channel to the downside/below 18335, look for sells down to @18281.3 @18242.2 @18200 @18160 @18125.

If price breaks above previous high at 18415, price could be starting to form buying market structure on the lower TF so would look for buy opportunities. Possible buy TPs @18437.5 @18457 @18490 @18515.6.

Opinion: This analysis is for education purposes only and is just my opinion, this is not a trade idea—the website coming next week (still working out some bugs).

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