US 500
Short

WHAT'S NEXT ON US500

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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WHAT'S NEXT ON US500


As we can see price rejected our lower massive zone as we mentioned in the previous analysis attached on the chart.

Meanwhile, price traded higher to be approaching a supply zone, where we will start looking for new bearish reversal movements, unless price managed to keep moving higher till the upper massive resistance zone.

For now on H1 time frame and for the bears to kick in we need a break below the marked major swing low, a momentum candle close below, then a movement lower would be expected.



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!
Chart PatternsSupport and ResistanceTrend Analysis

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