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Fxprotrader
21. Jul. 2016 04:51

SPX500 Uptrend Is About To End Short

S&P 500 index of US listed sharesFXCM

Beschreibung

Price has reached the median line of a long term pitchfork and it's moving into a wedge pattern. In MACD we have a bearish divergence which shows we may soon have a reversal. So we keep a closer eye for price to break below the wedge and look for a sell setup to complete.

I will update this post with exact entry point, stoploss and profit targets, so like to follow to get notified..

Kommentar

Price broke below the wedge. But don't sell beacuse of that. Wait for a sell setups to comlete based on your strategy. I will update if i identify a setup
Kommentare
bobdrum
this is good idea.
Fxprotrader
Thank you bobdrum :)
sacamafra
Thank you!
Fxprotrader
You are welcome :)
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