Hello, current price´s seem to make up for a good swing trade with entry at current prices and a Target of the red Curve.
All in all i expect sideway trading for spx for like 1-2 years as interestrate are rising. I dont expect a hard crash except a World War starts.
Risk/Reward ratio is good if one uses close stoploss.
If this happens to fail and trigger my sl it will my low loss while the upside is "alot"
Im aiming a 5:1 Risk Reward Ratio for basically all my trades.
Day Trading is risky, so be careful.
Stoploss: 4143
Entry: Current Price
Target: 5300+
Always DYOR!
All in all i expect sideway trading for spx for like 1-2 years as interestrate are rising. I dont expect a hard crash except a World War starts.
Risk/Reward ratio is good if one uses close stoploss.
If this happens to fail and trigger my sl it will my low loss while the upside is "alot"
Im aiming a 5:1 Risk Reward Ratio for basically all my trades.
Day Trading is risky, so be careful.
Stoploss: 4143
Entry: Current Price
Target: 5300+
Always DYOR!
Comment:
im assuming we will form another of these V shaped patterns
Trade closed: stop reached:
was worth a try but got stopped, looking forward to long again.
if using no leverage this is likely buy the dip opportunity still.
if using no leverage this is likely buy the dip opportunity still.