SPX 3768.48 - 1.34 % SHORT IDEA * STRUCTURE & BREAKOUT
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Hello everyone
hope everyone had a good week, Here's a look at the S&P 500 from the 4H chart.
* The index has been trading in a ascending channel which saw a breakout of structure and a retest of the structure
* This move could signal continuation with the bears should momentum continue with the bears
* watching to see if structure holds and if it does that changes the plan, significant moves with the bears trigger the trade.
* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
hope everyone had a good week, Here's a look at the S&P 500 from the 4H chart.
* The index has been trading in a ascending channel which saw a breakout of structure and a retest of the structure
* This move could signal continuation with the bears should momentum continue with the bears
* watching to see if structure holds and if it does that changes the plan, significant moves with the bears trigger the trade.
* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
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