Hey my fellow traders and followers, hope all is well with you and your trading?
Let me shed some light on the dark times ahead.
I know some of you are asking ; How much more pain do we have to endure? Well, I'm here to give my opinion on what I see in the daily SPX/USD chart.
Like it or not we have another leg down to go. Sorry. We have on the chart a Head & Shoulder, or Inverted V pattern, Bearflag pattern after the first round of distribution. Second distribution will show in another leg down to 5343.4 area which will be our TP-1. TP-2 is ready for it?------
4981 area. Long ways to go yet. I see this playing out until anywhere from April 23 to April 30th.
Whether you want to believe this possibility or not, please be careful with your bias. Remember the Daily and Weekly are still bearish so understand the depth we can fall. My job is to tip you off on what is possible. Until next time please trade carefully if you choose as the market is in wide wide price swings that keep hitting retail trader's stops in both directions. If you are going to trade, trade the smaller TF's to avoid blowing up your account.
Best of luck in all your trades.
Cheers!
Let me shed some light on the dark times ahead.
I know some of you are asking ; How much more pain do we have to endure? Well, I'm here to give my opinion on what I see in the daily SPX/USD chart.
Like it or not we have another leg down to go. Sorry. We have on the chart a Head & Shoulder, or Inverted V pattern, Bearflag pattern after the first round of distribution. Second distribution will show in another leg down to 5343.4 area which will be our TP-1. TP-2 is ready for it?------
4981 area. Long ways to go yet. I see this playing out until anywhere from April 23 to April 30th.
Whether you want to believe this possibility or not, please be careful with your bias. Remember the Daily and Weekly are still bearish so understand the depth we can fall. My job is to tip you off on what is possible. Until next time please trade carefully if you choose as the market is in wide wide price swings that keep hitting retail trader's stops in both directions. If you are going to trade, trade the smaller TF's to avoid blowing up your account.
Best of luck in all your trades.
Cheers!
İşlem aktif
TP- area 1 reached with 50% profits off table. Still have other half working toward TP-2 with stop @ 5402.Not
TP-2 Hit. Leaving trade on with 25% , looking to see if we reach 4666.9 area since market quickly moved into TP-2 area. Always use trailing stop around pivots or other side of 30ma on hourly to not lose profits. $$$İşlem kapandı: hedefe ulaştı
Not
Tariff pause on all counties except China has caused market to rip up and triggered my trailing stop on my last 25% . Nice short trade to say the least. $$$
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.