STILL WAITING FOR US500?!

17 มี.ค. 2024

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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US500 BEARS TO TAKE OVER. 📚

👉As we can see price is still overall bullish trading inside this channel from a Long-term perspective, making clean higher highs and higher lows as well.

👉However, price is still sitting around a strong psychological level, lining up with our upper bound of this channel acting as an over-bought zone, where we will be looking for new bearish movements.

👉Meanwhile, for the bears to take over, we need a break below the marked major swing low, and below our rising trendline, if that happens, then a movement lower would be expected.

Until that price is still overall bullish, and price can still trade higher and higher. 📚


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!