Bullish Setup For S&P500 On NFP Day
With the NFP, we are likely to see a lot of volatility.
We are trying to profit from the expected movements with a long setup in the S&P500.
We are waiting for a return to the 5,470-point area first, as this is a prominent area in the volume profile that invites a long entry.
We also set our stop loss below a prominent point in the volume profile, which in turn is slightly below the 38.2% retracement of the recovery movement between the beginning of August and the beginning of September 2024.
We are trying to profit from the expected movements with a long setup in the S&P500.
We are waiting for a return to the 5,470-point area first, as this is a prominent area in the volume profile that invites a long entry.
We also set our stop loss below a prominent point in the volume profile, which in turn is slightly below the 38.2% retracement of the recovery movement between the beginning of August and the beginning of September 2024.
Transaction en cours
Buy limit was hit in pre session. Let's see how this plays out
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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.
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.