The ES one hour time frame is in an up trend. The market is
making higher highs and higher lows. The market has an up
Fibonacci with an extension price point 7665.75 about +280 Ticks
above.
Entry: Counter trend line break bullish ideally at 7530.25 (When the
rewards is bigger than the risk)
STOP: 7401.00
LIMIT: 7665.75
Another entry idea: If the risk off the one hour time frame is too
large. It will be a good idea to turn to the five minute time frame
and look for long ideas with less risk.
making higher highs and higher lows. The market has an up
Fibonacci with an extension price point 7665.75 about +280 Ticks
above.
Entry: Counter trend line break bullish ideally at 7530.25 (When the
rewards is bigger than the risk)
STOP: 7401.00
LIMIT: 7665.75
Another entry idea: If the risk off the one hour time frame is too
large. It will be a good idea to turn to the five minute time frame
and look for long ideas with less risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.