S&P 500 Price Action Analysis ~ Back to the Trading Range

FX:SPX500   S&P 500 Index
S&P 500 broke into trading range after the Bearish SFP. “Over and Under Pattern” might be in play so a pullback to the Range Low and Diagonal Rising Trendline is imminent. There would be the best place to start the next bull run.

Entry: 2529
SL: 2329
TP: 3129
R/R: 3

‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬

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‪The ideas published here are not financial advices. ‬
Hi,Would you mind told what "SFP" is?or where I can found the relations document?thanks!
@soonway, Hey! You can check it as “Swing Failure Pattern”.
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