JICPT|S&P bullish pullback setup on daily(4350-4374)
Updated
Hello everyone. My last published idea regarding S&P worked well. This is a follow-up after fresh record high being created.
The reasons of the setup are pretty simple as below:
1. Momentum
2. flip
3. 50% and 61.8% of the fib retracement
4. Short-term MA serves as support level
I already set the alert just a bit above the zone. You can have the trigger activated once the alert level being touched, then zoom in small timeframe for bullish pattern for better entry to reduce the risks.
Give me a like if you're with me.
The reasons of the setup are pretty simple as below:
1. Momentum
2. flip
3. 50% and 61.8% of the fib retracement
4. Short-term MA serves as support level
I already set the alert just a bit above the zone. You can have the trigger activated once the alert level being touched, then zoom in small timeframe for bullish pattern for better entry to reduce the risks.
Give me a like if you're with me.
Note
Price touched and bounced back.
plan your trade and trade your plan
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