US500 signal

Topic :
Due to the price hitting the resistance zone 4377.8, which is also one of the important supply areas, we expect a price correction.
The price range we are looking for is to improve the 4340 area because:
1- It is a resistance area to which the price has reacted many times
2 - Our uptrend is at the level of 0.236
3 - At the level of 0.236, the pattern AB = CD is located
4 - Our Fibonacci channel is at the level of 0.236
Given all these arguments, one can expect a corrective move to the target price area
Looking forward to hearing from you dear ones about your analysis
Due to the price hitting the resistance zone 4377.8, which is also one of the important supply areas, we expect a price correction.
The price range we are looking for is to improve the 4340 area because:
1- It is a resistance area to which the price has reacted many times
2 - Our uptrend is at the level of 0.236
3 - At the level of 0.236, the pattern AB = CD is located
4 - Our Fibonacci channel is at the level of 0.236
Given all these arguments, one can expect a corrective move to the target price area
Looking forward to hearing from you dear ones about your analysis
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.