Very Interesting R/R. A nice gartley pattern inside a triangle.
Possible C Wave extension(127.1) to 1741.9.
SPX500
Stop Loss above 2117. I would close the trade if a breakout occurs above the top TL.
Have a look at my take on the long term outlook in the picture below.
Good Luck trading.
Regards,
JK.
Possible C Wave extension(127.1) to 1741.9.
SPX500Stop Loss above 2117. I would close the trade if a breakout occurs above the top TL.
Have a look at my take on the long term outlook in the picture below.
Good Luck trading.
Regards,
JK.
Note
Be Careful...Consolidation Taking place... I would close the position if a higher High Higher Close forms above Point XNote
Target 1 closed. Remaining Trades moved to BE.Note
Target 2 Closed. Stop is now a trailing stop with DMA.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.