US500 TO ANOTHER LEVEL
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 ZOOMED OUT PICTURE.
As we can see price is still overall bullish trading inside this channel making clean new highs and higher lows as well.
Moreover, price recently broke above our resistance zone to become a support zone,
However, as the price will be approaching our upper resistance zone lining up with the upper bound of the channel acting as an over-bought zone
Where we will be looking for new bearish movement.
Unless price managed to trade again lower till the lower support, 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!
If you like the idea, do not forget to support with a like and follow.
US500 ZOOMED OUT PICTURE.
As we can see price is still overall bullish trading inside this channel making clean new highs and higher lows as well.
Moreover, price recently broke above our resistance zone to become a support zone,
However, as the price will be approaching our upper resistance zone lining up with the upper bound of the channel acting as an over-bought zone
Where we will be looking for new bearish movement.
Unless price managed to trade again lower till the lower support, 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!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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