SPDR S&P 500 ETF TRUSTEducation
SPY - Exploring a Classic Drop Base Drop Trading Setup
Hey traders! 👋📊 Today, let's dive into an intriguing classic drop base drop setup that has caught my attention on the charts. 📉💼
The recent market movement revealed a lucrative pattern, highlighted by today's MM (Market Makers) absorption. 📈💰 This absorption has strategically paved the way for a potential leveraged movement within the $449 dollar range, showing liquidity and absorption in the basing candles. 🚀📉
I'm watching this 449 for a Put re entry as MM may leverage in here for a second time.
Disclaimer: This content is for educational and informational purposes only. It is not intended as financial advice. Trade responsibly and always conduct your research. 💼🔍
Happy trading, and may the charts be ever in your favor! 📊📈🚀
The recent market movement revealed a lucrative pattern, highlighted by today's MM (Market Makers) absorption. 📈💰 This absorption has strategically paved the way for a potential leveraged movement within the $449 dollar range, showing liquidity and absorption in the basing candles. 🚀📉
I'm watching this 449 for a Put re entry as MM may leverage in here for a second time.
Disclaimer: This content is for educational and informational purposes only. It is not intended as financial advice. Trade responsibly and always conduct your research. 💼🔍
Happy trading, and may the charts be ever in your favor! 📊📈🚀
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.
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.