Traders-Agency

Looking for ES One hour breakout

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
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.
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