Potential SPX consolidation zone set up.
Potential SPX set ups, wait on break and retest of zone to either side.
On retest
1. Scale down to the lower time frames (5 min/3min)
2. Make sure you confirmed rejection before entry.
3. Risk/Reward 1:3 Ratio
4. Once in profit, secure a risk free trade.
On retest
1. Scale down to the lower time frames (5 min/3min)
2. Make sure you confirmed rejection before entry.
3. Risk/Reward 1:3 Ratio
4. Once in profit, secure a risk free trade.
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