Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
US100/NASDAQ, QUICK UPDATE
As we clearly see price broke above our major swing high previously and traded higher
And we are still overall clearly bullish, And price managed to be breaking above our resistance zone.
So, for now, as the price will be approaching again our support zone , we will be looking for new longs from a short term to catch the next impulse wave
Unless 2 scenarios:
1- Price managed to retest our upper resistance zone, we will be looking for new shorts as will
2- price managed to be breaking again below our support zone and our rising trendline, then we will be looking for new shorts on the retest
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!