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jaktrader
Dec 29, 2016 6:00 PM

S&P 500 Long Long

S&P 500 index of US listed sharesFXCM

Description

Our divergence pattern has been formed again!

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And a 30 min confirmation

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Our Support level the green area. 1.27 extension and a 38.2% retracement of the trend leg We may see the price falling until that level.

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Oups Once more cause the R/R was hiding the chart

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Now we just wait for a 5 min RSI divergence and i am in!

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Something like that...

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Lets hoe its going to be formed inside the green zone There we have a high probability fib confluence

Comments
Reekardo
this low volume is just ping pong until last hour tomorrow afternoon
jaktrader
@Reekardo, Well as you know i didnt took this trade cause i was waiting for my signal in the 5 min. But tomorrow if its still valid in the 1h and 30 min i will think twice of getting in the trade because really i don't like holding positions in the weekends.. We 'll see... Thank you for your comment! :)
Reekardo
@jaktrader, my system gave a sell signal yesterday with a close below 2251, the opex range low was retested today at 2254 which is not an accident. the monday range will set the direction for the month until january opex.
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