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
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:
TG1 Hit for all 3 SPX position. stop above the swing at 1925
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)