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FXFiboForex Fibonacci Chart
NAS1004-hourBullish

Nasdaq 100 4-hour (SMC): buy the 27350–27780 zone

FXFibo editorial · · 1 min read
Summary

The 4-hour structure in Nasdaq 100 is bullish: a bullish change of character (CHoCH) at 27328, with price now around 27918. The 27350–27780 area is the main buy zone.

BiasBullishEntry zone27600Stop loss26950Target 128400Target 228770StatusActive
Invalidation: 4-hour close below 27100
Nasdaq 100 4-hour (SMC): buy the 27350–27780 zone

Main scenario

  • Entry zone: 27350–27780 (around 27600)
  • Stop: 26950
  • Targets: 28400 and 28770
  • Enter after candle confirmation or an aligned CHoCH on a lower timeframe

Alternative scenario

A 4-hour close below 27100 invalidates the main scenario and opens the way to 26658.

Key levels

  • Resistance: 28043, 28400, 28770
  • Support: 27782, 27328, 26658

Market-moving events

  • Tue 10 Nov: US CPI
  • Thu 12 Nov: UK GDP and US jobless claims
  • Fri 13 Nov: US PPI and euro-area GDP
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⚠ This analysis is educational and is not a buy or sell recommendation. Trading financial markets carries the risk of losing capital.