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TheSignalyst
Jan 18, 2021 12:22 PM

US500 - Waiting For It Patiently! Short

US 500Currency.com

Description

Hello everyone, if you like the idea, do not forget to support with a like and follow.

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!
Comments
Verkaas
Good job! I am long on this / target 3950
TheSignalyst
@Verkaas good luck mate
FOREXN1
Nice++++++++++
TheSignalyst
@FOREXN1 you are great
wolffarchitecture
Believe 3720 to be the low point
TheSignalyst
@wolffarchitecture let's see how it goes Wolf
Samoburger
Great job, keep it up
TheSignalyst
@Samoburger thank you brother
abel11
I love this analysis. thank you for sharing
TheSignalyst
@abel11 Abel, keep it up
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