LupaCapital

S&P 500 - Fibonacci rejection - upside active

Panjang
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OANDA:SPX500USD   Indeks S&P 500
SPX500 needed to created a descending channel after the high to engineer some liquidity for continuation of long positions.

Where did price fall to?
Key Fibonacci 0.618 - 0.705 levels
Why is this important?
Look left - the white candle shows an imbalance on the previous bullish engulfing .

We are currently long but await the next buy from a daily low.

See the Vix vs S&P500


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Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners through to advanced .
KISS - keep it simple stupid.
Pure imbalance trades - with further explanations on the graphs to understand.

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Many thanks,
Team LVPA.
Dagangan aktif:
Target 1 is met
Penafian

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