Bearish Retracement playout (S&P 500 INDEX)

*Monthly TIME FRAME price took out a monthly HIGH for grab of liquidity(buy-stops) while above the equilibrium line in a premium of the TRADING RANGE,
*Weekly TIME FRAME price created a Bearish Displacement, creating A Market Structure Shift,
*Daily TIME FRAME price creates Bearish Displacement violating a Bullish Fair Value Gap(we consider this a Bearish Shift In Market Structure,
*We move to the H4 transposing the Fair Value Gap from the Daily to the H4, then
we identify a Volume Imbalance at the premium of the H4 trading range...

Sell Limit(Swing Trade)
Entry 4488.73 the open of the Volume Imbalance
Stop 4541.80 above the Bearish Displacement candle
Target(pairing Exits) 4195.64
Internal buy-side taken and paired with sell interest(sell-stops)

I am not a Financial Adviser, I am an Enthusiast of PRICE DELIVERY.
Trade at your own RISK...

Trade attivo:

Patiently waiting for price to playout...

Trade attivo:

FIRST TAKE PROFIT OBJECTIVE..

Trade attivo:

STILL FALLING

Trade attivo:

TAKE PROFIT ALMOST GETTING SMASHED

Trade attivo:

The pullback before hitting TP will test your Emotions.
How far have you gone with studying your trading psychology and your Emotions?
Expose yourself to the knowledge you need...

Trade attivo:

Prepare for lower prices...

Trade attivo:

Setting up for downside delivery

Trade attivo:

Movement

Trade chiuso: obiettivo raggiunto:

Swing Trade
called September 8
Take Profit hit October 23..