persistent_edge

SPX500 Long setup

Long
FX:SPX500   S&P 500 Index
Whilst I'm bearish on this rally for now, this setup triggered, expecting to see flat price action or follow through in the next 2-3 candles (4h), otherwise if we see supply here (market can't hold the level, price rejection) then this is a failure signal so I will close the trade and wait for more information as to whether we are now 1. at a larger swing point or 2. just making a larger, choppy pull back.

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