leszekstanislaw

S&P500 Bullish Bat H1

Long
FX:SPX500   S&P 500 Index
11
Interesting day today - indeed. We hade nonfarm news. Nonfarm Payrolls is a monthly jobs report and considered the foremost economic indicator for the labor market in the US. Unemployment rate measures the number of individuals in the labor force without a job. Both data prints are priced highly by market participants due to the importance of the labor market in the US economy.

But talking about chart - quite simple
  • Bullish bat, C little outside of zone (see red box), but D point nicely located!
  • Did wait in front of my computer, just put buy limit with quite wide SL
  • Will be observing yellow boxes - breakout should be a good signal.

Weekend is coming, let us see what will come on Sunday night :)

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