Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
US100/ NASDAQ WHAT WE ARE WAITING FOR!
As we clearly see price is overall bearish from a long-term perspective same as many stocks market
However, from a short-term perspective we are approaching a strong support zone
So, for the bulls to kick in from a short term and as per my trading plan
I will be waiting for a new swing high to be forming around the upper falling trendline then a break
As it's lining up with the previous swing lows
Until that price is still overall bearish trading inside this chanell and we can still dive more before reversal
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!