NAS100 H4 | Bearish reversal
Title
NAS100 H4 | Bearish reversal
Type
Bearish Reversal
Preference:
Price is rising toward the pivot of 19,499.09, a pullback resistance close to 38.2% Fibo retracement. A reverse from this level could lead the price to fall to 1st support at 18,929.55, an overlap support level
Alternative scenario:
If price breaks above the pivot, it could rise to 1st resistance at 20,091.22, a pullback resistance close to 61.8% Fibo retracement.
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