Indice S&P 500Short
Inside pin bar: powerful signal
Last Friday an inside bar formed that was also a bearish pin bar with resistance holding prices down. There was both dynamic resistance of the 8 EMA as well as a strong horizontal level.
I di not take this trade, but I planned it out to see if the signal would play out.
It did play out.
Notice that yesterday a bullish pin bar formed, suggesting that buyers came back into the market. However, today sellers took over control again and pushed the price below yesterdays low.
This signals a high probability for more downside.
Buckle up!
I di not take this trade, but I planned it out to see if the signal would play out.
It did play out.
Notice that yesterday a bullish pin bar formed, suggesting that buyers came back into the market. However, today sellers took over control again and pushed the price below yesterdays low.
This signals a high probability for more downside.
Buckle up!
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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.
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.