Does history really repeats itself?

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If the price behaves as described in the chart, enter the trade at the yellow line:
Stop loss is the red line;
Take profit is the green line;
Note
The trigger is a clear fall below the yellow line
Transaction en cours
Due to the decreasing volume, we are going in with a tight stop (giving it a bit more space, 2850) as the session approaches closing time. This option renders us a very good Risk Reward. We aim to sell at the yellow line and rebuild the position later.
Transaction en cours
Trade is still open as we fail to close above 2850. If the prices does not revert now we will most likely be out of this position.
Trade fermée: ordre d’arrêt atteint
We close the trade as we close above 2850
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

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