⚓US500 4510.4 SHORT IDEA + 0.94 % * PRICE ACTION & STRUCTURE
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON US 500.
The index opened the week with a bullish rally since it broke out of that descending channel.
* The index is still strongly bullish looking at momentum to the up side, but what goes up must come down the question is where.
* Have a couple of levels to look at with interest ahead, will be looking at reversal patterns at this levels.
* Break above of structure puts the second entry into play.
- looking for reversals with the bears see below.
https://www.tradingview.com/x/ZyfWyXFJ/
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THIS WEEK ON US 500.
The index opened the week with a bullish rally since it broke out of that descending channel.
* The index is still strongly bullish looking at momentum to the up side, but what goes up must come down the question is where.
* Have a couple of levels to look at with interest ahead, will be looking at reversal patterns at this levels.
* Break above of structure puts the second entry into play.
- looking for reversals with the bears see below.
https://www.tradingview.com/x/ZyfWyXFJ/
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
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