Trader_Needs

SPX 4H Analysis

Long
SP:SPX   S&P 500 Index
📈Trade Idea📉
🟡 #S&P500 Index 4H
✍️We can have two trading scenarios for this index. Considering that S&P is in the Equilibrium range, it can move as a continuation movement (CP) to the supply ranges in the chart (Premium), of course, with the condition of penetrating and closing a four-hour high candlestick (PDH-PWH). In this case, consider two scenarios for trading.
In the first scenario, you can use the supply ranges specified in the chart to activate sell orders.
The second scenario is for traders who are looking for a long stop in this index, they can use the block order limits specified in the chart. For trading in these areas, you can place your trade as a limit by observing the stop loss.
🟢Minor Order Block >🟢3640$ -3684$
🟢Major Order Block >🟢3740$ -3780$
🔴Minor Order block >🔴4080$ - 4120$
🔴Major Order Block> 🔴4165$-41250$
📊Poc (Point of Control) : 3960$
⚠️ Margin 1% For each position.
⚠️Use Tight StopLoss.
✍️Desert Eagle
📊Analysis Method SMART Money
Concept + ICT+ Volume Profile
(DYOR)
📆11.27.2022
⚠️This Analysis will be Updated⚠️
💸Good Luck Traders.

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