Last week the SP500 broke MS on the daily timeframe imo. This is my signal to look for shorts instead of longs.
As you can see price has returned to the daily/4h OB and is showing bearish signs on the LTFs.
Invalidation is clear.
1% risk
As you can see price has returned to the daily/4h OB and is showing bearish signs on the LTFs.
Invalidation is clear.
1% risk
Trade active
Note
Moving Stoploss to entry to go risk-free. If this is bearish, it should not return to my entry.
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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.