SPXUSD showing strong signs of growing bear power and trend reversal on 1hr looks confirmed with 1hr support failing. Low risk short with a large upside in terms of reward.
Entry and Targets on chart (Generated by TrdeChartist premium scripts Plug and Trade using TrendRider on 1hr using Aggressive mode)
Stoploss based on personal risk strategy
As with any trade, Do Your On Research as this chart just shows technicals and trend based trade entries. Having a pulse on fundamentals and market news in addition to Technical Analysis is key to trading successfully.
Entry and Targets on chart (Generated by TrdeChartist premium scripts Plug and Trade using TrendRider on 1hr using Aggressive mode)
Stoploss based on personal risk strategy
As with any trade, Do Your On Research as this chart just shows technicals and trend based trade entries. Having a pulse on fundamentals and market news in addition to Technical Analysis is key to trading successfully.
Note
Critical resistance plotted on 1hr. Lets see how this goes over the next few hours.
Trade closed manually
2nd time around, resistance breached.
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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.
Get in touch with me if you would like access to my Premium scripts for a trial before deciding on lifetime access.
Telegram - @Trade_Chartist
Free Scripts - bit.ly/Free-Scripts
Telegram - @Trade_Chartist
Free Scripts - bit.ly/Free-Scripts
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.