J-P

SHORT OPPORTUNITY? S&P 500

Short
J-P Updated   
FX:SPX500   S&P 500 Index
3
I NEVER TRADED CFD. BUT JUST LOOKING AT FEW CHARTS, IT IS A NICE DOUBLE TOP.
EITHER SELL NOW BUT IT WOULD BE COUNTED AS AGGRESSIVE TRADE, OR WAIT FOR CONFIRMATION TO BUILT A 2618 TRADE.
LOOK FOR PREVIOUS STRUCTURE SUPPORTS AND RESISTANCE TO ASSUME FEW TARGETS.
**PLEASE DO NOT COPY MY TRADES, I AM NOT A PROFESSIONAL TRADER.
Comment:
PRICE IS TESTING A STRONG RESISTANCE ON WEEKLY CHART. IF IT BREAKS THIS LEVEL, WE WILL BE STOPPED OUT ON THIS TRADE, BUT GOOD OPPORTUNITY TO GO LONG.
SO WE CAN LOOK LATER AT IT HOW TO ENTER THE NEXT TRADE.
FOR NOW WE WILL WAIT...
Comment:
AS EXPECTED. IF IT BREAKS THE RESISTANCE, GOOD OPPORTUNITY TO LONG.
THERE IT IS RALLYING UP!
Comment:
AS I SAID EARLIER. I DO NOT TRADE THESE PAIRS, BUT IF I WOULD WANT TO ENTER A TRADE I WILL WAIT FOR A RETRACEMENT TO PREVIOUS RESISTANCE THAT WILL BECOME SUPPORT NOW.

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