Greetings Traders this is my analysis for US500,and it is short.
We can see on the chart that the price is managing itself for a downtrend movement.
The price will decline in a downtrend movement to the Supply Level .
Then if the price manages to go for a Uptrend Movement to the Resistance Line then we can Short it.
Now the price has reached the half way from the Resistance line ,patience is the key.
Traders make your own analysis before trading.
Please leave a Like,Comment and Follow!
Thank You!
We can see on the chart that the price is managing itself for a downtrend movement.
The price will decline in a downtrend movement to the Supply Level .
Then if the price manages to go for a Uptrend Movement to the Resistance Line then we can Short it.
Now the price has reached the half way from the Resistance line ,patience is the key.
Traders make your own analysis before trading.
Please leave a Like,Comment and Follow!
Thank You!