Looking for ES One hour breakout
The ES one hour time frame is in a large sideways
range. The market is near the bottom of the range
but has not closed below support. It will be a good
idea to wait for the market to enter into the sell
zone before looking for selling ideas.
Entry: Counter trend line break bearish in the
sell zone below the one hour support.
STOP: In the buy zone above the entry price.
LIMIT: 3554.75
Once or if the market enters into the sell zone.
As long as the market stays in the sell zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader short /
destination trader short / chandelier trader
short ideas towards the price target.
range. The market is near the bottom of the range
but has not closed below support. It will be a good
idea to wait for the market to enter into the sell
zone before looking for selling ideas.
Entry: Counter trend line break bearish in the
sell zone below the one hour support.
STOP: In the buy zone above the entry price.
LIMIT: 3554.75
Once or if the market enters into the sell zone.
As long as the market stays in the sell zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader short /
destination trader short / chandelier trader
short ideas towards the price target.
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