US 100 Analysis

My TA analysis for next week.

Daily Timeframes : BULLISH.
Current Direction of market is BEARISH. (short term)

Chart Pattern : QMP Setup (Sell) + QMP Setup (BUY) [ Head and Shoulder and Inverted HNS]

On this BIG Ranging. At Current setup is still bearish movement because price have break 2 H1 SUPPORT.

For next week, watch what pattern form on lower timeframe (M15,M30,H1) at H1 Support. Continuation or Reversal.

If the price Succesfully Break the H1 Support it will retest and Target TP 2 Zone.

Always watch on lower timeframe when the price reach SNR / Fresh previous BASE.

Hope this would help. May this 2022 give you a lot of blessing, new adventures and good fortunes . HAPPY NEW YEAR Boisss .. :D