Hi traders what do you think about US500 suggestion in comments.
US500 and predicting a potential bearish trend based on a resistance zone at 6072 If the fails to break above the resistance, we expect it to move down toward the support levels.
here is the structure resistance zone at 6072 to see if it starts to reject. If it does, and the moves lower, keep an eye on the support levels of 6000.5 and 5911.4. If the price breaks below these levels, it could signal a continuation of the bearish trend.
If you like this analysis please support my work and fallow thanks for Love.
US500 and predicting a potential bearish trend based on a resistance zone at 6072 If the fails to break above the resistance, we expect it to move down toward the support levels.
here is the structure resistance zone at 6072 to see if it starts to reject. If it does, and the moves lower, keep an eye on the support levels of 6000.5 and 5911.4. If the price breaks below these levels, it could signal a continuation of the bearish trend.
If you like this analysis please support my work and fallow thanks for Love.
Trade closed: target reached
1st Target Done Close Half traders set breakeven.
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Join my Telegram channel
t.me/+SFFwl7TAPDhkZDA0
Contact For Learning
t.me/GOLDFREESIGNALS134
t.me/+SFFwl7TAPDhkZDA0
Contact For Learning
t.me/GOLDFREESIGNALS134
Related publications
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.