SP500 (Double Top) where to Enter?
Hi Traders,
According to above chart SP 500 creates Double Top pattern.
it indicates some bearish bias.
where to Enter,
Enter at the Double top area $2885
or
After break of Pivot point $2805.
Targets are : $2740, $2650, $2590.
If market creates some variations at 2nd Top area to covered some previous gaps
so your Stop Loss should be $2935.
Every system has a Limitation.
Thanks.
According to above chart SP 500 creates Double Top pattern.
it indicates some bearish bias.
where to Enter,
Enter at the Double top area $2885
or
After break of Pivot point $2805.
Targets are : $2740, $2650, $2590.
If market creates some variations at 2nd Top area to covered some previous gaps
so your Stop Loss should be $2935.
Every system has a Limitation.
Thanks.
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