SP 500, Fake broke of Historical high - best place to open Sell

By Yuriy_Bishko
Updated
I set Sell limit near historical high 2942

Reasons:

- There is a big chance that the price will make powerful pullback down
- Potential profit in 10 times bigger than a risk

Comment
Price dropped down from historical High

I wait when SP price will break down Upward channel - that will be a signal a powerful down move

snapshot
Trade closed manually
Comment
S&P 500, Trading plan
Chart PatternsForexindexsp500indexS&P 500 (SPX500)Trend AnalysisWave Analysis
Yuriy_Bishko
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