Short
US500 PRICE IS APPROACHING A MASSIVE ZONE !
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.
US500, as we clearly see price broke above our resistance and traded higher right!
So what is next!
For US500 price is approaching a massive and strong area to be searching for new sell setups
As we are approaching the falling trendline acting as a non-horizontal resistance in addition we have a strong supply zone as marked in the picture
So, it's indeed a strong area for the price to be rejected from
As the price will be approaching this area, we will be searching for a bearish reversal like trendline break, Double top pattern, etc.
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.
US500, as we clearly see price broke above our resistance and traded higher right!
So what is next!
For US500 price is approaching a massive and strong area to be searching for new sell setups
As we are approaching the falling trendline acting as a non-horizontal resistance in addition we have a strong supply zone as marked in the picture
So, it's indeed a strong area for the price to be rejected from
As the price will be approaching this area, we will be searching for a bearish reversal like trendline break, Double top pattern, etc.
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
TELEGRAM CHANNEL: t.me/Snipers_F_x
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.