US 500 Index
Long

US500 potential buy

92
US500 is setting up for a classic Wyckoff spring. This is a high probability set up with high risk to reward (5R+)

Here is what needs to happen
For situations 1 and 2,
a. price should break blue support (traps sellers and shakes out weak hands)
b. price should then close above any of the 2 blue supports with high volume
c. enter at the close of that bar or retest of the blue line
d. T.P @ recent high.

What do you think? how would you approach this better?

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