US 500
Long
Updated

S&P ⇨long-term prediction

1 607
hello guys...

as you can see the head of the pattern touched the flip area, this strategy is fascinating for setup!

and then formed a head and shoulders pattern and broke up the neckline very well,

so the target of this pattern is $4630

after that it is more probable if the price retraces to the QML and the neckline, let's see what happens.

______________________________

always do your research.

If you have any questions, you can write them in the comments below, and I will answer them.

And please don't forget to support this idea with your likes and comment
Trade active
short position active
Note
quick reaction
Trade closed: target reached
first target touched

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.