SPX 3943 + 0.1 % SHORT IDEA * REVERSAL PETTERNS & PRICE ACTION
Hey everyone
Hope everyone had a good weekend, new week new opportunities. Here's a look at the S&P 500 from the 4H chart.
* The index has been trading in an ascending channel, looking for reversal pattens to capitalize on a move with the bears.
* We are trading at the formation of a doule top so should this pattern hold looking for a move with the bears.
* entries on lower time frames for marging and less risk.
* follow your entry rules on entries
* significant moves with the bulls change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Hope everyone had a good weekend, new week new opportunities. Here's a look at the S&P 500 from the 4H chart.
* The index has been trading in an ascending channel, looking for reversal pattens to capitalize on a move with the bears.
* We are trading at the formation of a doule top so should this pattern hold looking for a move with the bears.
* entries on lower time frames for marging and less risk.
* follow your entry rules on entries
* significant moves with the bulls change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
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