Indeks S&P 500Singkat
Inside pin bar: powerful signal
Last Friday an inside bar formed that was also a bearish pin bar with resistance holding prices down. There was both dynamic resistance of the 8 EMA as well as a strong horizontal level.
I di not take this trade, but I planned it out to see if the signal would play out.
It did play out.
Notice that yesterday a bullish pin bar formed, suggesting that buyers came back into the market. However, today sellers took over control again and pushed the price below yesterdays low.
This signals a high probability for more downside.
Buckle up!
I di not take this trade, but I planned it out to see if the signal would play out.
It did play out.
Notice that yesterday a bullish pin bar formed, suggesting that buyers came back into the market. However, today sellers took over control again and pushed the price below yesterdays low.
This signals a high probability for more downside.
Buckle up!
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.
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.