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Kendrick_Chan

S&P 500 | false breakout and then plunge the wedge

Short
S&P 500 E-mini Futures (CME_MINI:ES1!)  
Kendrick_Chan  
CME_MINI:ES1!   S&P 500 E-mini Futures
Support and Resistance Candlestick Analysis Wedge priceaction Engulfing Candle falsebreakout
3
0
supportandresistance candlestick wedgepattern priceaction engulfingcandle falsebreakout
  • the index future looks bearish
  • fib retracement 0.618 met
  • engulfing reserval candlestick pattern broke back the resistance
  • and then plunged the wedge, a very bearish pattern
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