US100 | APPROACHING TO RESISTANCE
US100 has been in a downtrend from almost 1 year.
The price has been making lower lows and lower highs.
The price has broken below multiple major supports.
The price has been trading under the falling resistance.
The price previously during downtrend made a double top around 13000 level and from there almost gain 16.78%. The price took a beat from falling resistance and broken below the support.
Now again the price has formed double bottom at 10500 level and started to move upside. The price has already gain 15.40% from its recent low.
The upside seems limited as price is approaching to horizontal resistance and 200MA. There we have a confluence point.
The bears can get active near that confluence point.
Manage your levels accordingly.
The price has been making lower lows and lower highs.
The price has broken below multiple major supports.
The price has been trading under the falling resistance.
The price previously during downtrend made a double top around 13000 level and from there almost gain 16.78%. The price took a beat from falling resistance and broken below the support.
Now again the price has formed double bottom at 10500 level and started to move upside. The price has already gain 15.40% from its recent low.
The upside seems limited as price is approaching to horizontal resistance and 200MA. There we have a confluence point.
The bears can get active near that confluence point.
Manage your levels accordingly.
Join or FREE Discord Channel: discord.gg/just-trade-signals-1041998740602503219
Visit Our Website: justtradesignals.com/
Visit Our Website: justtradesignals.com/
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.