US100 Near Strong Resistance Areas
US100 broke down from and ugly variation of a bearish Head & Shoulders pattern.
It is ugly because the price moved up and down for a long time without any clear direction.
Despite the strong trend now we can see US100 below the neckline of the pattern showing for further price decline.
Considering that the trend is still bullish and strong probably US100 may hesitate to move down quickly. Just be patient.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
US100 broke down from and ugly variation of a bearish Head & Shoulders pattern.
It is ugly because the price moved up and down for a long time without any clear direction.
Despite the strong trend now we can see US100 below the neckline of the pattern showing for further price decline.
Considering that the trend is still bullish and strong probably US100 may hesitate to move down quickly. Just be patient.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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US100: a beautiful move down:)
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