Position opened 1238.15
Triple top formation, two clear bands, three clear heads.
Bearish divergence on the MACD (and RSI)
S&P rejection of 2650 range, potential for a bit more upside.
Target 1 - 1228
Target 2 - 1221
Target 3 - 1211
SL - 2141
RR = 3:1+
Triple top formation, two clear bands, three clear heads.
Bearish divergence on the MACD (and RSI)
S&P rejection of 2650 range, potential for a bit more upside.
Target 1 - 1228
Target 2 - 1221
Target 3 - 1211
SL - 2141
RR = 3:1+
Note
Quite a big spikey stop run there. A good opportunity to re-enter if you have quick hands! Either way, targets still stand and if we come back into the 1238 region I will re-enter.Note
1221 Target Smashed
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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.