SINCE SPX500 BROKE THE HIGHER HIGH, IT WILL RETEST THE SUPPORT AND FLY AGAIN !! 1st IT LOOKED LIKE A FAKE BREAKOUT BUT NOW IT SEEMS THE BULLS ARE CONTROLLING ALL OVER. -2194 IS A GOOD PLACE TO SHORT -2112 IS A GOOD PLACE TO LONG SL's SHOULD BE TIGHT !! I THINK THE CHART IS CLEAR ENOUGH. GOOD LUCK ! WE NEED TO LIKE AND SHARE THIS IDEA SO WE CAN GET ANOTHER IDEA'S MAYBE EVEN BETTER AND HELP EACH OTHER! CHEERS
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DID SOMEONE ENTER THIS TRADE? IT BROKE THE TREND LINE AND WE SEE A PULL BACK HERE . ANOTHER SHORT POSITION IS ON THE WAY AT THE 61.8% MOVE YOUR SL TO THE ENTRY POINT TO BE ON THE SAFE SIDE !GOOD LUCK
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NOW IS 2173 :)
Trade closed: target reached
BIG WINNER 820 PIPS :D TELL ME MADE IT !!
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3 OPTIONS TO START THE LONG PROCESS :
1-WAIT PRICE ACTION TO CLOSE ABOVE 0.618 FIB. 2-WAIT TILL IT TOUCHES THE TREND LINE AND CREATES THE D POINT FOR A PROPER AND BETTER LONG POSITION. 3-IF YOU CAN HANDLE RISKS , YOU CAN LONG NOW!!
IN ALL CASES SL BELOW THE TREND LINE GOOD LUCK :)
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wow wow wow :D did you enter it ????? TP1 hit !! once again 500 pips baby ;) keep your long position and move the SL to the entry point congratulations
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LONG THE PULLBACK AGAIN WITH 0.382 FIB OR WAIT MAYBE IF IT TOUCH THE TREND LINE
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