Hello traders here are my assessments of what's to come for US100 CFD.
Price action has brought us to the all time high with it doubling also as a major area of resistance. Understanding price entering this price range has brought about huge movements. Meaning we can assess another huge movement from this price range.
Sell side liquidity, money gaps, and the price being overextended on the Fibonacci are all key indicators of price coming back to regain and or collect the money left behind to give price more momentum to break all time highs.
*PLEASE TRADE AT YOUR OWN RISK*
This is my analysis of what's to happen not financial advice.
Good Luck traders!
Price action has brought us to the all time high with it doubling also as a major area of resistance. Understanding price entering this price range has brought about huge movements. Meaning we can assess another huge movement from this price range.
Sell side liquidity, money gaps, and the price being overextended on the Fibonacci are all key indicators of price coming back to regain and or collect the money left behind to give price more momentum to break all time highs.
*PLEASE TRADE AT YOUR OWN RISK*
This is my analysis of what's to happen not financial advice.
Good Luck traders!