S&P 500- In the target box
Обновлено
Hello traders!
As per previous posts, we believe the SP500 to be in a primary wave (B) to the upside correcting the donwtrend from January's 2022 top.
Here is the count on the daily time frame:
Price action shows this primary wave (B) unfolding as a double zig-zag. The structure of the last decline from 4194 seems a 3-3-5 that would complete wave B of the last zig-zag, thus providing a setup for trading the last leg up of primary (B) to 4300+.
From a pattern perspective, we can see the bearish wolfe wave target at the main downtrendline in blue.
Will search from long setups lower in the green target box and will update below.
Happy trading!
GMR
As per previous posts, we believe the SP500 to be in a primary wave (B) to the upside correcting the donwtrend from January's 2022 top.
Here is the count on the daily time frame:
Price action shows this primary wave (B) unfolding as a double zig-zag. The structure of the last decline from 4194 seems a 3-3-5 that would complete wave B of the last zig-zag, thus providing a setup for trading the last leg up of primary (B) to 4300+.
From a pattern perspective, we can see the bearish wolfe wave target at the main downtrendline in blue.
Will search from long setups lower in the green target box and will update below.
Happy trading!
GMR
Сделка активна
giving a first try, vix reached its target.
Entry @3998.1
Сделка активна
stop loss on entry.
Monitoring the possibility of a descending broadening wedge.
Сделка активна
still in from @3998.1
Сделка закрыта вручную
Kicked out at entry. Now observingЗаметка
Targets of Adam and Eve top and Inverse Cup and Handle are at the bottom of target box
Сделка активна
restriked @3984.1
Сделка активна
stop loss on entry. A short term lower low still possibleСделка закрыта вручную
Closing at 4010.1 with a gain of 0.7%.
Сделка активна
micro count in chart. Green zone has the target for this wave B. A breach of the green zone will increase the probability of a reversal
Сделка активна
still long from our greenzone 3950.2@ with stop loss on entry
Сделка активна
kicked out at entry. restriked @3947.4
Сделка активна
added 3927.1 avg entry @ 3937.2
stop loss 3918 risk 0.7%
Сделка активна
stop loss on entry
Сделка активна
Сделка закрыта вручную
Closed at @4040.2 Profit 3.1%Заметка
Staying flat now.. will update in next post
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.