SPX500 Short Setup
🔵 Entry Level: $4714.3
🟢 Take Profit: $4632.6 (2.61R)
⛔ Stop Loss: $4745.6
Reasoning:
1) Resistance level
2) Expecting divergence in the RSI Candles indicator
3) Yet to test the lower trendline of the ascending channel
🔵 Entry Level: $4714.3
🟢 Take Profit: $4632.6 (2.61R)
⛔ Stop Loss: $4745.6
Reasoning:
1) Resistance level
2) Expecting divergence in the RSI Candles indicator
3) Yet to test the lower trendline of the ascending channel