ES_F Pullback trade opportunity
#ES_F has a low risk pullback trade opportunity here. 2745-50 are long term resistances and also upper extensions of long term composites. this has a likelihood to test 2720- 2705 on the downside.
Note
This trade has triggered and has moved above the expected band. Whats a good stop at this point. There is a HVN @ 2772.50 range , that should be a stop area , this also almost coincides with 76.8% of the retracement.Note
This is nearly at the edge.. just about to be taken outTrade closed: stop reached
Done & dusted. although i still think its not a free ride upside and has limited upside levels from here.
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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.