Short

US100 POTENTIAL SHORT TERM DOVISH MOVE

US100 got rejected by bulls last week at a support key level last week and in doing so made a huge move upward breaking some resistance levels. we know after an impulse there should be a minor correction before price continues it new trend. looking at the 4HRs timeframe we can see a head and shoulders supporting our minor correction. stop loss can be above the right shoulder giving us the chance for a good RR.
FibonacciHead and ShouldersMultiple Time Frame Analysis

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