SPY 07.08.2023 SHORT
Asset and Time frame -SPY DAILY/4H
Entry Price - 449.51
Exit(Stop Loss) -459.98
Exit(Take Profit) - 422.77
On the weekly chart, the previous candle closed as an engulfing candle on the significant 452$ level,and on the daily chart the price retested the level and closed again as a bearish candle, its time for a small correction within the confines of the ascending tunnel
Good luck
Entry Price - 449.51
Exit(Stop Loss) -459.98
Exit(Take Profit) - 422.77
On the weekly chart, the previous candle closed as an engulfing candle on the significant 452$ level,and on the daily chart the price retested the level and closed again as a bearish candle, its time for a small correction within the confines of the ascending tunnel
Good luck
Note
4 Hours chartNote
Daily chartNote
Weekly chartTrade closed: target reached
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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.