US500 WAIT FOR IT

٧ فبراير ٢٠٢٤

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

If you like the idea, do not forget to support with a like and follow.

Here is a quick update on US500📚

👉As we can see price is still overall bullish from a long-term perspective, However, price is sitting around a massive zone, 5k psychological level lining up with our upper bound of this channel acting as an over-bought zone,

where we will be looking for new bearish movements as a correction one.

👉Meanwhile, and as per my trading plan, I will be waiting for a new swing low to be formed around our rising trendline then a break, Then a movement lower would be expected from a shorter-term perspective.


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!