US500 PRICE IS APPROACHING A MASSIVE ZONE !

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

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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!

註釋

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