SP500 Short the resistance retest. Decent R/R ratio. Daily chart
Updated
Shorting this second resistance touch on SP500.
Reasons:
Strategy:
R/R = 2.81 or 4.23
Entry: around 3010
Stop: 3054
Target 1: 2888
Target 2: 2819
Please follow and smash the like button to support my work and see even more free TA :)
Trade safe friends!
Reasons:
- Second touch on resistance
- Bearish RSI
- Dropping bullish volume
- Decent R/R
Strategy:
R/R = 2.81 or 4.23
Entry: around 3010
Stop: 3054
Target 1: 2888
Target 2: 2819
Please follow and smash the like button to support my work and see even more free TA :)
Trade safe friends!
Trade closed: target reached
Target reached. +2.81R
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