karagis75

SP 500 Forming a Descending triangle targeting 2380 -2390

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karagis75 Updated   
SP 500 Forming a Descending triangle targeting 2380 -2390 on hourly. A break below 2500 confirms the down trend. Always plan to have 1% stop loss plan in case trade go against chartist view.. Watching closely horizontal support line 2512. Crude also indicating downside...

Trade closed manually:
Downside support held and our trade did not trigger.
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