Get started
US 100
Short

US100 outlook short anticipation

By Abutrades
Updated
price is currently at a previous resistance (previous prominent turning point) on our way to this resistance we left a 4h imbalance and 4h interruption candle at price 17267.1. identified as a strong potential target. although higher time frame is bullish in structure. There has been no sweep of liquidity. weekly daily 4h has created higher highs a correction is always expected after new highs has been reached. according to my analysis market is repeating the cycle that occurred between 22-31 of January 2024 as seen in the diagram
Trade active
we could potentially see our targets of 17267.1 being tapped today this level of accuracy is only possible by focus on liquidity zones and monitoring repetitive price action as seen in the published analysis.
Trend Analysis
Abutrades

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.