sngyuchao

ES Long: End of a Complex Correction, leading diagonal start

Panjang
CME_MINI:ES1!   Hadapan S&P 500 E-mini
Recently I have been posting ES long ideas calling for a wave 3. Unfortunately, it seems that these calls were premature even though it would have been profitable for the short-term that the idea was published. The recent move down has led me to revise my counts again. This time, however, it is still a bullish call.

There are a couple noteworthy items in the recent setup:
1. The recent low (3020.25) was just 2 ticks away from the previous low made on 24th Jun (3019.75), a major support zone.
2. The leading diagonal that I've drawn has the 3rd wave and 5th wave of equal length.

I would say that this idea will be invalidated if price breaches the low of 3020.25.

Good luck trading!

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.