the5erstrading

SPX-500: Waiting for reversal daytrade signal

Short
SP:SPX   Indice S&P 500
In the H1 chart, we can see that the price is in a very strong bullish momentum,
Since the price is in records I preferred to wait for a reversal opportunity.
If the price will break down the confirmation zone it will be the signal for the reversal opportunity.
If that happened I'll look for a price action setup to sell SPX500 as an intraday trade.
The first target will demand level - 1 and the final target will be demand level - 2.

The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.