Elite_Forex

S&P Breaking Key Level

Short
FOREXCOM:SPX500   S&P 500 Index
Pattern: Bearish Pennant
Trend: Bearish on the D and Bearish on the 4HR
Entry: Searching for cheap entry around the breaking level
Indicators: ATR, Moving Average
Position: Short
Levels:
* StopLoss: above the upper trend line on the pennant -4150.00
*TakeProfit: Retest of the previous low -3880.00
*RiskReward: 2
Trade closed: target reached:
TP HIT

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