ES Bullish Breakout Measured Move to 4300 4Hour Chart

After the FOMC breakout of the geometric pattern, the range expansion for 2 expansions puts price at the top of the channel and at 4300. Price is now accelerating faster. I am looking for the pullback after the break for the break and retest at 4150.00
I will target 4300. That is 200 points potential profit target. This geometric pattern can also pullback just slightly inside, so look for bear traps. Right now the trend is bullish, so I will keep buying pullbacks. Today's price action was just a continuation of FOMC to extend the breakout. Not a good area to buy, hence why the end of day sell off. I am guessing NFP tomorrow will be bearish with a range so that the pullback can occur next week.
I will target 4300. That is 200 points potential profit target. This geometric pattern can also pullback just slightly inside, so look for bear traps. Right now the trend is bullish, so I will keep buying pullbacks. Today's price action was just a continuation of FOMC to extend the breakout. Not a good area to buy, hence why the end of day sell off. I am guessing NFP tomorrow will be bearish with a range so that the pullback can occur next week.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.