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Art-of-FX
Nov 29, 2016 11:09 AM

SPX short upon retrace of shaved candle Short

US SPX 500OANDA

Description

On the 4 hour i think the SPX is retracing to the shaved candle start before it will resume its move down. A safe bet would be to have a stop above the high targeting 2170 area and maybe lower in time, first things first though 2170. It has some broken patterns, looking for another TL break, but right now i would pay attention to the fill of the shaved 4 hour candle

Comment

going exactly as planned now

Comment

will take half and put rest at even
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