US 500Long
US500 As Possible Bullish in Wave Pattern
Updated
US500 in terms of an ABCDE wave pattern. Based on your analysis, the current strong support level is around 5,800, and you anticipate a potential upward movement from that level.
if the price does indeed find support at 5,800, the next move could be a bullish impulse through the mentioned resistance areas. The ABCDE wave pattern you mentioned could indicate a corrective move or an ongoing bullish trend. If the price breaks through the 5,900-6,035 zone, that would suggest a continuation of the bullish momentum.
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if the price does indeed find support at 5,800, the next move could be a bullish impulse through the mentioned resistance areas. The ABCDE wave pattern you mentioned could indicate a corrective move or an ongoing bullish trend. If the price breaks through the 5,900-6,035 zone, that would suggest a continuation of the bullish momentum.
Rate Share Your Idea What's Going on Thanks.
Trade closed: target reached
Almost Target Done Close this setup
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