TradeIndicators

SPXUSD - Long and Short Positions

FOREXCOM:SPXUSD   US SP 500 CFD
Hope this idea helps!
Like/Follow if you enjoyed this post :)

SPX             has formed as ascending triangle with strong support and resistance lines. We are looking for a breakout above the top resistance for a long position, and a short position if we see the price break the lower ascending triangle suppor. You can also see that the RSI is on an upward trend which indicates this might end in a top resistance breakout. The StochasticRSI is heading back down which is healthy for a correction to test the bottom support before heading back up or breaking support and forming a downtrend.

Enjoy life, enjoy trading!
Travis

This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
🔥Get the Martin Trend Trader Indicator today!
🌐 https://www.martintrendtrader.com/
📅 Get a 7-Day Trail

🔥All of our other indicators:
🌐https://sellfy.com/tradeindicators
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out