SergeantPringles
Short

SPX500 - 15M - Shark followup

FX:SPX500   S&P 500 Index
152 0 4
Stops are already breakeven from my previous short so im looking to add to the position. targets stay the same (still based on the 4h shark )

this might evolve into a pennant/triangle or a flag pattern . either way, the break below should present a good sell opportunity
Trade active
Comment: thats why im generally speaking not the biggest fan of triangles. because most of the time you will have a gartley or a bat right below the entry plus there is always the retest of structure, which ofc is the same with flags, but with flags ur enty is often time higher so u can profit a little bit more.

im not too worried yet. we still have good chances to go down here, but it shows perfectly here why im avoiding most triangles if i can, unless i really like the overall setup(like it was the case here)
Comment: TG1 Hit for all 3 SPX position. stop above the swing at 1925
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