Hello traders, this is 2hour chart of SPX (S&P500). Currently looking
at speculative XABCD setup, advanced entry on sell side from overhead
resistance at point C, which is 4218. Points X/A/B confirmed already.
Pattern overview and levels: X at 3742, A at 4173, B at 3853,
point C and 4218 and point D/PRZ at 3615 (extension).
Point C/D also coincide with liquidity gaps, so this improves
odds of putting on a successful trade at C/D.
Recommended strategy: wait for price to max out near C
at 4128 and short sell from overhead resistance, bears will
target point D at 3615 to complete the pattern structure.
Later on bulls may look for a reversal near point D, but right
not it's too early to look for bullish setups in this market.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
at speculative XABCD setup, advanced entry on sell side from overhead
resistance at point C, which is 4218. Points X/A/B confirmed already.
Pattern overview and levels: X at 3742, A at 4173, B at 3853,
point C and 4218 and point D/PRZ at 3615 (extension).
Point C/D also coincide with liquidity gaps, so this improves
odds of putting on a successful trade at C/D.
Recommended strategy: wait for price to max out near C
at 4128 and short sell from overhead resistance, bears will
target point D at 3615 to complete the pattern structure.
Later on bulls may look for a reversal near point D, but right
not it's too early to look for bullish setups in this market.
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
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🔱Syndicate Black MT4/MT5
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
taplink.cc/black001
🔱Syndicate Black MT4/MT5
⚡️Gold/FX Auto-Trading bot
🔱100%/week max DD <10%
📕verified 500%+ gains
🏧GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate gold signals
t.me/syndicategold001
🔱Syndicate Black MT4/MT5
⚡️Gold/FX Auto-Trading bot
🔱100%/week max DD <10%
📕verified 500%+ gains
🏧GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate gold signals
t.me/syndicategold001
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.