S&P 500- In the target box
Aktualisiert
Hello traders!
As per previous posts, we believe the SP500 to be in a primary wave (B) to the upside correcting the donwtrend from January's 2022 top.
Here is the count on the daily time frame:
Price action shows this primary wave (B) unfolding as a double zig-zag. The structure of the last decline from 4194 seems a 3-3-5 that would complete wave B of the last zig-zag, thus providing a setup for trading the last leg up of primary (B) to 4300+.
From a pattern perspective, we can see the bearish wolfe wave target at the main downtrendline in blue.
Will search from long setups lower in the green target box and will update below.
Happy trading!
GMR
As per previous posts, we believe the SP500 to be in a primary wave (B) to the upside correcting the donwtrend from January's 2022 top.
Here is the count on the daily time frame:
Price action shows this primary wave (B) unfolding as a double zig-zag. The structure of the last decline from 4194 seems a 3-3-5 that would complete wave B of the last zig-zag, thus providing a setup for trading the last leg up of primary (B) to 4300+.
From a pattern perspective, we can see the bearish wolfe wave target at the main downtrendline in blue.
Will search from long setups lower in the green target box and will update below.
Happy trading!
GMR
Trade ist aktiv
giving a first try, vix reached its target.
Entry @3998.1
Trade ist aktiv
stop loss on entry.
Monitoring the possibility of a descending broadening wedge.
Trade ist aktiv
still in from @3998.1
Trade wurde manuell geschlossen
Kicked out at entry. Now observingAnmerkung
Targets of Adam and Eve top and Inverse Cup and Handle are at the bottom of target box
Trade ist aktiv
restriked @3984.1
Trade ist aktiv
stop loss on entry. A short term lower low still possibleTrade wurde manuell geschlossen
Closing at 4010.1 with a gain of 0.7%.
Trade ist aktiv
micro count in chart. Green zone has the target for this wave B. A breach of the green zone will increase the probability of a reversal
Trade ist aktiv
still long from our greenzone 3950.2@ with stop loss on entry
Trade ist aktiv
kicked out at entry. restriked @3947.4
Trade ist aktiv
added 3927.1 avg entry @ 3937.2
stop loss 3918 risk 0.7%
Trade ist aktiv
stop loss on entry
Trade ist aktiv
Trade wurde manuell geschlossen
Closed at @4040.2 Profit 3.1%Anmerkung
Staying flat now.. will update in next post
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.