Hi Traders,
I am going to Buy S&P500 (spx500) once we get a candle close on the current h4 time frame.
Price has broken into a clean range and has managed to retest the broken resistance, What I was looking for was for some sort of bullish signs which looks like this current candle may create. I would need the candle to close bullish above 3962.61 before entering.
When looking at the left you will see a clean range for price to continue to the upside. My target is at 4097.
If this candle ends up closing a very weak bull candle or even turns and flips bearish. I will no longer be interested in the move until I receive the next sign for price to push higher.
I am waiting for this candle to close before doing anything.
Renaldo Philander
I am going to Buy S&P500 (spx500) once we get a candle close on the current h4 time frame.
Price has broken into a clean range and has managed to retest the broken resistance, What I was looking for was for some sort of bullish signs which looks like this current candle may create. I would need the candle to close bullish above 3962.61 before entering.
When looking at the left you will see a clean range for price to continue to the upside. My target is at 4097.
If this candle ends up closing a very weak bull candle or even turns and flips bearish. I will no longer be interested in the move until I receive the next sign for price to push higher.
I am waiting for this candle to close before doing anything.
Renaldo Philander