S&P500 SHORT
The S&P has hit a lot of resistance as of late, monthly pivots, weekly pivots, reversal candle patterns. I'm looking for a pullback up to the 50% of the current move (which I use as confirmation of direction), being just below the weekly pivot, a nice 2:1 risk reward, I do see a roadblock of the trend-line (showing) and the next major support (highlighted in blue) -Happy Trading
Trade closed: target reached
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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