Get started
Ideas
Minds
Scripts
Followers
Following
Published
Commented
Following
Published
Commented
chartpattern indicator trendanalysis Less Tags Show All Tags
All Types
Type
All Types
Indicators
Strategies
Libraries
All Accesses
Script access
All Accesses
Open
Protected
Invite-only
Public & Private
Privacy
Public & Private
Public
Private
Weekly Trade Idea: US500-S&P500
US500
, 1D
Long
US500: Weekly Trade Idea: US500-S&P500

Rising Parallel Channel- First Resistance: 4520 - Main Resistance:4550

Welcome to Downtrend
US500
, 1D
Short
US500: Welcome to Downtrend

It is clearly broke the rising parallel channel, a head and shoulders pattern appeared on the top of the chart and a new falling parallel channel is creating below the previous channel. It makes sense to sell the highs in this falling channel.

maxaus
44
24
185
Message Follow Following Unfollow
mmarecki Essential
2
0
1
Message Follow Following Unfollow
faddy
210
117
243
Message Follow Following Unfollow
SroshMayi Premium
12223
5368
13032
Message Follow Following Unfollow
GiftedInvestor
136
92
72
Message Follow Following Unfollow
masterscalper
1849
881
778
Message Follow Following Unfollow
JoeChampion
33969
4035
69030
Message Follow Following Unfollow
ElenaMayi Premium
4998
2310
5198
Message Follow Following Unfollow
AnabelSignals Premium
15291
3908
17732
Message Follow Following Unfollow
Type
Script access
Privacy