Johnny_Yu
Long

Waiting for pull back to long S&P

FX:SPX500   S&P 500 index of US listed shares
107 1 4
Finally, after days of moving within the range btw 2058 and 2075, the price broke the range.

Don't rush to long the index, I recommend patiently waiting for pull back to area around 2075. I would change my trading timeframe to 15 minutes to look for entry confirmation. RSI should be btw 40 and 60 to place the order then.

Target: 2088

entry area: 2073-2075

Profit margin above 6


Order cancelled
RSI below 40 when retesting the area. Decide not to enter the trade.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out