Trade idea on ES (S&P500 Futures) by ThinkingAntsOk
Main items we can see on the chart:
a) The price is above a Support/Resistance zone
b) The next Resistance zone we have is the All-time Highs area
c) Currently, we can see a Flag Pattern (corrective Structure)
d) If the price breaks above the corrective Structure (Yellow lines) We will consider as a confirmation of the new bullish movement
e) Use this as a guide to develop your setup
a) The price is above a Support/Resistance zone
b) The next Resistance zone we have is the All-time Highs area
c) Currently, we can see a Flag Pattern (corrective Structure)
d) If the price breaks above the corrective Structure (Yellow lines) We will consider as a confirmation of the new bullish movement
e) Use this as a guide to develop your setup
