FBS turns 16

Unlock birthday rewards: from gadgets and dreams cars to VIP trips.Learn more
site icon
Open account
site icon
Open accountLog In
Open account

Nov 19, 2024

Trade ideas

US100: Hidden Bullish Divergence

US100, H4

US100H4.png

US100 is testing the trendline and navigates between 20670 resistance and 20400 support.

The 9-MA crosses the 14-MA up, with the MFI shows a hidden bullish divergence, giving a sign of a rising.

  • If the price breaks above the 20670 resistance, it will rise to 21200 level.
  • However, if US100 breaks below the trendline and 20400, the asset may fall to 20180.

Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

Share with friends:
Timur Yurdagyul

Author: Timur Yurdagyul

Open an FBS account

By registering, you accept FBS Customer Agreement conditions and FBS Privacy Policy and assume all risks inherent with trading operations on the world financial markets.