SPX500USD potential upsides
1. The price broke the previous week's low on Monday.
2. Asia and London sessions have experienced a two-session rise.
3. Anticipating a retracement during the New York session before a potential break of structure.
4. It is advisable to wait for one more retracement to ensure an optimal trade entry, which could lead to a rapid move to the upside.
(Note: If the entry criteria are not met, it is recommended to refrain from entering the trade and instead seek another opportunity. This strategy emphasizes precision, and it is not advisable to enter a trade unless all rules are met. The objective is to identify one favourable trade per week while avoiding other opportunities.)
2. Asia and London sessions have experienced a two-session rise.
3. Anticipating a retracement during the New York session before a potential break of structure.
4. It is advisable to wait for one more retracement to ensure an optimal trade entry, which could lead to a rapid move to the upside.
(Note: If the entry criteria are not met, it is recommended to refrain from entering the trade and instead seek another opportunity. This strategy emphasizes precision, and it is not advisable to enter a trade unless all rules are met. The objective is to identify one favourable trade per week while avoiding other opportunities.)
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