11021992
Short

SP500 bearish move based on AB=CD pattern with fib

SP:SPX   S&P 500 Index
Hi traders,

On the S&P500             I found this AB=CD pattern that lines up with the 1.272 Fibonacci extension of the recent swing upwards, that was initiated on my birthday.
Entry: 2189.8
Stop: 2207.6
Target: 2136.5 = R:RR 2.99

Note: Just an idea, not trading this.
Best of luck! Updates will follow.
Trade active
Comment: Adjusting target to 2150 based on the structure. This means the R:RR changes to around 2.00
Trade closed: target reached: Took a while, but we finally got there.
My view on the EUR/AUD and EUR/USD for this week https://youtu.be/hDryiC6wJHg

Interested in learning about harmonic patterns? PM me :)

Sponsor broker https://goo.gl/68jYzP
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out