US100: Bullish Breakout Confirmed, But a Healthy Pullback Is Needed
I would like to see a correction before buying US100
US100 has recently confirmed a Descending Broadening Wedge breakout, a pattern that typically signals the resumption of a strong bullish trend.
However, we are still in a low-liquidity moment, which often causes unpredictable spikes and pullbacks. For that reason, I prefer to wait for a correction before entering long positions, rather than chasing the price at the current levels.
For traders who believe US100 could continue upward immediately, long-expiration CALL Options may be a safer alternative.
These options help reduce the impact of intraday volatility and erratic movements caused by the thin market conditions.
Key Resistance Levels to Watch
25,715
26,165
27,000
27,500
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❤️
I would like to see a correction before buying US100
US100 has recently confirmed a Descending Broadening Wedge breakout, a pattern that typically signals the resumption of a strong bullish trend.
However, we are still in a low-liquidity moment, which often causes unpredictable spikes and pullbacks. For that reason, I prefer to wait for a correction before entering long positions, rather than chasing the price at the current levels.
For traders who believe US100 could continue upward immediately, long-expiration CALL Options may be a safer alternative.
These options help reduce the impact of intraday volatility and erratic movements caused by the thin market conditions.
Key Resistance Levels to Watch
25,715
26,165
27,000
27,500
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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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.