Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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S&P QUICK UPDATE
As we can see price is still overall bullish trading inside this rising channel, price is making clean higher highs and higher lows.
Moreover, price approached a massive resistance and supply zone, where we will be looking for new bearish correction movement on lower time frames.
Like what? like a major swing low to be broken or any bearish reversal pattern as per your trading plan.
If this happens, and price managed to be trading lower again, we will be looking for new longs as the price will be apporaching our lower rising trenline, Why?
To be catching the next bullish movement as we are overall bullish from a long term perspective.
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.
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