the5erstrading

SPX-500: Waiting for reversal daytrade signal

Short
SP:SPX   L'indice S&P 500
In the H1 chart, we can see that the price is in a very strong bullish momentum,
Since the price is in records I preferred to wait for a reversal opportunity.
If the price will break down the confirmation zone it will be the signal for the reversal opportunity.
If that happened I'll look for a price action setup to sell SPX500 as an intraday trade.
The first target will demand level - 1 and the final target will be demand level - 2.

The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.