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Zaks_ForexSignals1
May 17, 2021 2:29 PM

US500 Short it  Short

US 500Currency.com

Description

Greetings Traders this is my analysis for US500,and it is short.

We can see on the chart that the price is managing itself for a downtrend movement.

The price will decline in a downtrend movement to the Supply Level .

Then if the price manages to go for a Uptrend Movement to the Resistance Line then we can Short it.

Now the price has reached the half way from the Resistance line ,patience is the key.

Traders make your own analysis before trading.

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Thank You!
Comments
TheSignalyst
I agree, just like all indices. keep going dear Zaks
Zaks_ForexSignals1
@TheSignalyst thank you
KlejdiCuni
Great analysis again. Thanks for sharing!
bappykhalidhasan0
good explanation
Zaks_ForexSignals1
jojofang0901
nice and do agree with a possible bearish reversal in the near future thx
Zaks_ForexSignals1
Helical_Trades
Good one mate
Zaks_ForexSignals1
@Helical_Trades Thank you
YMGroup
thanks for your chart
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