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Swing setup reversal for SP500

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**Not financial or trade advice, this is not a signal service**


Anticipating to see lower prices on SP500. The trade idea has 3 individual targets - T1 will be used to remove risk on trade (BE) and take partials, T2 to take partials and let the rest run, T3 for full close.
Reasoning:
  • Change of structure to the downside;
  • Resting liquidity below current price;
  • Overextension of current trend;
  • HTF DXY liquidity above current price;


Will update the trade idea at the end.
Ghi chú
As of this moment, the trade is ITM, but no significant structural breaks have occurred yet.
Ghi chú
At BE, 20% off the trade, the rest is risk free.
Ghi chú
Another partial offloaded, 20%
Đóng lệnh: đạt mục tiêu
The desired area was reached in just over 27 days.
Technical IndicatorsreversalstructureTechnical Analysis

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