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.
US500 BEARS TO TAKE OVER. 📚
👉As we can see price is still overall bullish trading inside this channel from a medium term perspective, making clean higher highs and higher lows as well.
👉However, price is still sitting around a strong psychological level, where we will be looking for new bearish movements.
👉Meanwhile, for the bears to take over, we need a break below the marked major swing low, if that happens, then a movement lower would be expected.
Until that price is still overall bullish, and price can still trade higher and higher. 📚
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!
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