Potential Buy on SPX500
Looking at the daily time frame as our higher time frame reference, we see a distinguishable uptrend. We can note the higher highs and higher lows on the uptrend.
Our entry time frame is the 1 hour time frame. Looking at the 1 hour time frame, we can see clear higher highs and higher lows. We see a potential double bottom that has formed. There is a key level that we are watching that has been broken. We are awaiting a retest of this key level and upon the retest we will enter in a buy trade. We are waiting to see that the price will go past the last higher high, form a new high, and make a new higher low at the key zone retest spot.
Our sentiment is bullish.
Our entry time frame is the 1 hour time frame. Looking at the 1 hour time frame, we can see clear higher highs and higher lows. We see a potential double bottom that has formed. There is a key level that we are watching that has been broken. We are awaiting a retest of this key level and upon the retest we will enter in a buy trade. We are waiting to see that the price will go past the last higher high, form a new high, and make a new higher low at the key zone retest spot.
Our sentiment is bullish.
Trade fermée: cible de profit atteinte
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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.