Top 5 Weekly Trade Ideas #3 - SPY Falling Wedge
Nice falling wedge/bull flag here on the 15m. Price is currently near the middle of the recent range from about $577 to $585. We have short term support below near 580 and the wedge trendline.
Watching for a wedge breakout to head back up to ATH again or for a failure below $580 for a short back to the $577 and potentially 575ish area.
Watching for a wedge breakout to head back up to ATH again or for a failure below $580 for a short back to the $577 and potentially 575ish area.
Not
577.73 downside target hit. Small bounce so far, this level will be important moving forward now.
You reap what you sow.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
You reap what you sow.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
İlgili yayınlar
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.