SPX500 entered into my previously specified sell zone
Hi Folks,
This is a update of my previously designed idea posted here on trading view, as described in Dow30 analysis description and SPX500, I am expecting the price to stay in this zone for some time, with multiple structure breaks and liquidity hunt. Every one should stay humble and patient in deciding the final liquidity purged and proper structure breaks on H1 and H4, also it would definitely show signals of bearishness on Daily chart. Monitor the price action, i will update the trade when i enter any positions or terminate my idea, depending on Friday closer and Monday open, hopefully Tuesday would be a trade day. Cheers everyone, Safe trading!
This is a update of my previously designed idea posted here on trading view, as described in Dow30 analysis description and SPX500, I am expecting the price to stay in this zone for some time, with multiple structure breaks and liquidity hunt. Every one should stay humble and patient in deciding the final liquidity purged and proper structure breaks on H1 and H4, also it would definitely show signals of bearishness on Daily chart. Monitor the price action, i will update the trade when i enter any positions or terminate my idea, depending on Friday closer and Monday open, hopefully Tuesday would be a trade day. Cheers everyone, Safe trading!
Comment:
Added a trade position as a scalp.
Trade active
Trade closed manually:
A scalp trade was updated on this idea which reached target safely with zero draw down, you can look that trade on my dashboard as well. But a actual setup for bearish scenerio is yet to make. As i said in caption above that multi structure breaks can take place at this price zone. We will keep a close eye on the market for long swing trade for high rewards. Gold willing.