S&P500 analysis, broke trendline & above s/r level,buy setup...
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S&P500
The price broke above trendline and is above support/resistance level ,after a pullback If price continue to hold above the Support/resistance level then there is a chance that price might continue to grow.
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
S&P500
The price broke above trendline and is above support/resistance level ,after a pullback If price continue to hold above the Support/resistance level then there is a chance that price might continue to grow.
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for confirmation to Buy..
Trade it with proper Sl..
In case price breaks below the level then we can look for sell opportunity..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
