FX_PriceActionSetups

SP500: 3-Drive Reversal

Short
OANDA:SPX500USD   S&P 500 Index
So we at the 3100 level marked of a while ago which is the measured 3-Drive pattern. This is where we are looking for shorts. Currently, it looks like the market could make one more lower timeframe high and then we will hunt for any of our reversal patterns. Alternatively, if the 3100 level holds and this 15min flag breaks I will also look to get short. Some potential big targets on this one.
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