S&P500 | Bullish Megaphone Pattern: Buy on Dips
SPX is forming another Megaphone pattern like it has done multiple times in the past few months:
If we don't see a break to the upside here then another leg down is possible. I will be looking to enter long positions on any dips.
I remain bullish with the following targets
Initial Target: $3160
Secondary Target: $3120
Extended Targets: $3220-$3230
Stay tuned for updates.
If we don't see a break to the upside here then another leg down is possible. I will be looking to enter long positions on any dips.
I remain bullish with the following targets
Initial Target: $3160
Secondary Target: $3120
Extended Targets: $3220-$3230
Stay tuned for updates.
Commento:
Commento:
reversed back down but now formed a bullish wedge. Careful with longs here
Trade attivo:
accumulated long at these lows
Trade attivo
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Discord channel entered here
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Perfect entry on our Monday long scalp on $SPY
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Higher timeframe update
Trade chiuso: obiettivo raggiunto:
Closing some longs here at a possible pivot.
Commento:
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Supply zone broken
Idee correlate
