You can see obvious that ES long. I plan for hitting top goal and decrease positioning by 1/2 if hit. But watch close at slow hull as this will give some resistant. Exit here if it to seem price get stuck here. My initial thought of long come true. I enter on pullback at top of rectangle.
Comment:
Be carful of up wedge. Often these indication of reversal. See how 4h finish.
Comment:
Trade working well. Very good profiting. Be careful and be ready for exit early. Fast rise in small time take lots of energy.
Comment:
The black descended triangle hold after being finish of 4 hour candle. See if break out from the 1 of 3 black bases of these triangle. My thinking say at bottom base because this be still under overbought level.
Comment:
The above update of course only true if price don’t break below up black trending line
Trade closed: target reached:
I have end this trade ES clearly lose momentum and to think more than pullback.
Profit 236 ticks.
Notice now this bottom yellow line in first photo good demand zone. This be good reversal trade if price fall to this line and go long..
Profit 236 ticks.
Notice now this bottom yellow line in first photo good demand zone. This be good reversal trade if price fall to this line and go long..
