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
As we clearly see price broke above our major swing high previously and traded higher
As we were speculating before since we were around a massive support zone as well
So, for now the bulls kicked in, and traded higher, as the price will be approaching the upper marked box.
Which is a supply zone lining up with the falling trendline from daily.
We will be looking for new shorts or bearish reversal like: trendline break double top
Unless price managed to trade lower again then we will be looking for new longs
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!