SP500: rebound continuation?
Updated
Hi Traders!
On the intraday chart the trend is bearish but at the same time, we cannot exclude the continuation of this rally on the intraday chart and resistance breakout will confirm this Pattern. That said, if we look at the 1H chart, it is possible for a harmonic structure to develop that should push the price around Target 1.
Trade with care.
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On the intraday chart the trend is bearish but at the same time, we cannot exclude the continuation of this rally on the intraday chart and resistance breakout will confirm this Pattern. That said, if we look at the 1H chart, it is possible for a harmonic structure to develop that should push the price around Target 1.
Trade with care.
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Trade active
🔴 Resistance breakoutTrade closed: target reached
✅ Target 1 hit:Trade closed: target reached
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