Long

SPX500 CYPHER PATTERN

Updated

WE SEE HERE A BULLISH CYPHER PATTERN .
WAIT TO RETEST THE PREVIOUS LOW AND BUY .
SL AND TARGETS ARE SHOWN IN THE CHART .
GOOD LUCK

Note

TRADE NOT ACTIVE YET !
WATCH PRICE ACTION AT THE SUPPORT LEVEL TO LONG !

Trade active

TESTED THE SUPPORT LINE MANY TIMES ON 5MIN TIME FRAME AND WE GOT OUR MOVE !
SL AS SHOWN IN THE TABLE

Trade closed: stop reached

Note

did someone take the risk for bigger SL and reached the target ?? as you see , it hit TP1 but i don't like to risk myself to reach targets.
we stopped yesterday with a small loss , no problem , who knows, maybe it was going to fall more deeper ! cheers

Nshan

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.