A potential bullish H&S on the SP500 Index
SPX
seems to be forming with a right shoulder in the 2064 area.
SUGGESTED ENTRY LEVEL: 2064.5
SL: 2049.4
TARGET: 2120.7
R/R: 1/3.8
trade with care.
SPX
seems to be forming with a right shoulder in the 2064 area. SUGGESTED ENTRY LEVEL: 2064.5
SL: 2049.4
TARGET: 2120.7
R/R: 1/3.8
trade with care.
Comment:
trade is active
Comment:
Almost at target !
Trade closed manually:
From a risk management point of view, I would close all positions, although with a slightly minor gain.