SPX500 formed 2 big bearish harmonic patterns
On the left is bearish gartley pattern, and on the right is bearish bat pattern
Bearish bat pattern completed on 22/10, and right after it appeared a bearish engulfing candle
Currently the price has pull back to the neckline area, therefore we can short now
SL : 3030
TP : Follow arrow
On the left is bearish gartley pattern, and on the right is bearish bat pattern
Bearish bat pattern completed on 22/10, and right after it appeared a bearish engulfing candle
Currently the price has pull back to the neckline area, therefore we can short now
SL : 3030
TP : Follow arrow
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.