Indeks S&P 500Panjang
INVERSE HEAD AND SHOULDER PATTERN
Hello guy’s!
In this session of my weekly analysis, I will share with you my analysis on SP500 and how to find possible buying trade. But before will go guy’s let take a look at SP500 previous trend , the all time high was in 2021, and if you look clearly on a weekly timeframe frame it form a bullish reversal pattern called inverse head and shoulder pattern which is telling us there are bulls coming into the market and ready to pull the price higher and this could give a new higher high. But for this to happen, a pullback into that black and yellow bar will determine the bullish trend of this market. This doesn’t mean you should be buying immediately at a pullback into that area, there are certain criteria’s you should look at for before going long on this trade. That’s, if you don’t know how to trade using this pattern.
In this session of my weekly analysis, I will share with you my analysis on SP500 and how to find possible buying trade. But before will go guy’s let take a look at SP500 previous trend , the all time high was in 2021, and if you look clearly on a weekly timeframe frame it form a bullish reversal pattern called inverse head and shoulder pattern which is telling us there are bulls coming into the market and ready to pull the price higher and this could give a new higher high. But for this to happen, a pullback into that black and yellow bar will determine the bullish trend of this market. This doesn’t mean you should be buying immediately at a pullback into that area, there are certain criteria’s you should look at for before going long on this trade. That’s, if you don’t know how to trade using this pattern.
Penafian
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