Get started
Andre_Cardoso

(12h) One bearish bat pattern at previous support! $SPX500USD

Short
S&P 500 Index (OANDA:SPX500USD)  
Andre_Cardoso  
OANDA:SPX500USD   S&P 500 Index
Harmonic Patterns
15
3
harmonicpatterns
SPX500USD

Monthly support recovered and positioned at 2528.2 - it was printed last Feb. the 5th.
Previous daily resistance it's now support at 2612.0, and trading above the weekly support will invalidate the pattern and will increase the probability to trade even higher.
Default targets fr the pattern positioned between the 38% fib at 2538.5 and the golden ratio at 61.8% fib positioned at 2452.9.

Safe trades! ;)

Related Ideas

Andre_Cardoso
(public) - Educational for beginners by Trading_Jazz ®
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.