QUICK UPDATE ON US500
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.
Quick update on stock market.
As we mentioned in the previous analysis, price broke below our major swing low and traded lower, and bears are clearly now in control.
Meanwhile, price now is trading inside this falling broadening wedge pattern for overall direction,
Then as the price will be trading higher again, we will be looking for new bearish impulse again.
Unless price managed to trade more lower till the lower support zone lining up with the lower bound of this channel, where we will be looking for new longs on lower time frame.
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!
If you like the idea, do not forget to support with a like and follow.
Quick update on stock market.
As we mentioned in the previous analysis, price broke below our major swing low and traded lower, and bears are clearly now in control.
Meanwhile, price now is trading inside this falling broadening wedge pattern for overall direction,
Then as the price will be trading higher again, we will be looking for new bearish impulse again.
Unless price managed to trade more lower till the lower support zone lining up with the lower bound of this channel, where we will be looking for new longs on lower time frame.
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!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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