Hi folks,
Just a tiny post on eventual long position on
SPX500USD
Even though I don't trader short time frame, I think this setup makes sense. Price is on a resistance level and also between 26% and 38% fibonacci retracement. Stop loss below the 38% fibonacci and TP at 2470 for a R/R of 1.95 will be ok.
Just a tiny post on eventual long position on
SPX500USD
Even though I don't trader short time frame, I think this setup makes sense. Price is on a resistance level and also between 26% and 38% fibonacci retracement. Stop loss below the 38% fibonacci and TP at 2470 for a R/R of 1.95 will be ok.
Trade closed: target reached:
Depending on how close or far your stop loss was set, this trade would have been a looser or a winner... :-D