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US500 is still sitting around its all-time-high and over-extended, so we are still looking for reversal sell setups on lower timeframes.
on H4: US500 is forming a channel trendline in red so we are waiting for a new/third swing to form around it to consider it objective/valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still trade higher.
Good luck!
US500 is still sitting around its all-time-high and over-extended, so we are still looking for reversal sell setups on lower timeframes.
on H4: US500 is forming a channel trendline in red so we are waiting for a new/third swing to form around it to consider it objective/valid.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still trade higher.
Good luck!
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Support Bright Ideas Through Decentralised Crowdfunding
ideaology.io
Buy CRGPT on Uniswap
cutt.ly/CRGPT