paradox677

SPX500USD 2021 July 26 Week

OANDA:SPX500USD   S&P 500 Index
SPX500USD

SPX500USD 2021 July 26 Week

Long from lower green zone was fruitful.

Weekly: Engulfing wide spread up bar, closing at its high. No sign of weakness yet
Daily: Wide spread up bar close of its low, decreasing volume on move up = SOW
H4: Widespread up bar + Upthrust + decreasing volume on move up = SOW

Strategy:
1) Short on ND / Upthrust / Mushroom over
2) Long if there's climatic down bar + strength

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Have a successful week ahead in whatever you do

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