SP "ATH" 500 (SP5X00USD) a look at the 4h time-frame.
The trend is your friend until the end.
And the melt up continue.
A broadening wage on top off an uptrend is usually a bullish sign.
the price has been re-accumulated near the 200EMA on that time-frame.
We can also see a bullish div on the RSI and the stochastic. All of the more reason to remain bullish for now.
And the melt up continue.
A broadening wage on top off an uptrend is usually a bullish sign.
the price has been re-accumulated near the 200EMA on that time-frame.
We can also see a bullish div on the RSI and the stochastic. All of the more reason to remain bullish for now.
Trade active:
The first TP (take profit) point has been reach. It is wise to take a little bit of profit there but the price has some upward momentum left.
The first TP (take profit) point has been reach. It is wise to take a little bit of profit there but the price has some upward momentum left.
Comment:
Comment:
Retest of the structure, not so perfect.
Now we need to see a new pattern to know if the trend can still continue.
Now we need to see a new pattern to know if the trend can still continue.
Trade closed: stop reached:
