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AliShirali
Aug 18, 2023 12:20 PM

Spx: watch this zone Long

S&P 500SP

Description

Traders,
Look like short term target for sellers may be this rectangle .
Suggestions:
Scalp buy at 4340
A better point for scalp buy is at 4325.
Stop 4315
Target 1:3
Before we enter a trade we need confirmation , means a series of revrse candles from this zone in lower time frames.
Have this always on mind:

The worst traders try to make a plan *after* they trade.
And:
First thing a trader need to know is :
properly manage your risk in order to minimize potential losses.
Keep safe your capital, do not gamble ,1-2% per trade .
Have fun

Comment

Good day,

Looks like most of the orders in the box are being consumed.
Be carefull.
Have fun

Comment

Traders,
Now:
with this price pentrates(last set of buy orders at4340) sell is confirmed.
4420~4440 is zone we search for another sell set up.
I will update chart with new pictures next week to share best possible set up.
Have a great weekend

Trade closed: target reached


Good luck

Comment

✍ At the end of week let's share basic to new traders:

Have a great weekend

Comment

When there is target ,bo one can stop price ;)

Comment

Traders,
When a sell is confirmed you only have one job:
How to enter that sell and where .

Look at last chart i posted for spx here
Comments
debonairTruffl70113
Perfect
AliShirali
@debonairTruffl70113 thank you so much
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