The FED rate hike now being behind us, I'll try to focus on new trend to start or actual trend to continue.
Regarding the SPX500, I'm expecting a reversal of the current bullish trend (4h/1d timeframe). I'll wait for the price to retrace to the 2264 level, then to go short to the previous resistance now becoming support around 2215.
Entry : 2264
Stop loss : 2280
Target : 2215
Risk ratio : 3/1
Regarding the SPX500, I'm expecting a reversal of the current bullish trend (4h/1d timeframe). I'll wait for the price to retrace to the 2264 level, then to go short to the previous resistance now becoming support around 2215.
Entry : 2264
Stop loss : 2280
Target : 2215
Risk ratio : 3/1
取消訂單
The latest bullish candle on the 60min chart was impulsive (which is not what we are looking for for a retracement/reversal).
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