This is my first time taking a crack at the SP 500....
I think i may have came across an opportunity to enter a short..
Price appears to respect (at least somewhat) the 61.8 fib level,
thanks to corona price has been in a sharp decline, and this rally just maybe (MAYBE, MAYBE) over, and sells shall continue.
Price is also in a supply zone and has struggled to break through...
i plan to enter on a "pullback," after price completes the "right shoulder of the H&S pattern.
Also on the weekly, price entered in a doji candle, showing a lot of bearish pressure.
also a bold rejection of the 61.8 weekly fib level
Like, comment, follow please. If you have a different opinion feel free to comment.
I think i may have came across an opportunity to enter a short..
Price appears to respect (at least somewhat) the 61.8 fib level,
thanks to corona price has been in a sharp decline, and this rally just maybe (MAYBE, MAYBE) over, and sells shall continue.
Price is also in a supply zone and has struggled to break through...
i plan to enter on a "pullback," after price completes the "right shoulder of the H&S pattern.
Also on the weekly, price entered in a doji candle, showing a lot of bearish pressure.
also a bold rejection of the 61.8 weekly fib level
Like, comment, follow please. If you have a different opinion feel free to comment.
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.