Indice S&P 500

SPX500USD M15 Not Perfected Setup

35
Spoken about the not Perfected Setup… where the highest of the sixth and seventh candle It’s not superseded by the highest of the eighth or ninth candle.

So you can expect that in the next 3 to 5 candles, the Setup high (Also, the highest of the sixth or seventh candle) should be superseded before retracement proper.

They noted in this chart that the purple box should be broken into and above.

Let’s watch the demonstration…
Note
Took a tad longer but it did what it should do.

And there was also another instance later in the day...

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.