TradingShot

S&P500 Trading Plan

FOREXCOM:SPXUSD   US SP 500 CFD
Pattern: Channel Up on 4H.

Signal: (A) Buy either on the Channel's median or on the Higher Low trend-line or if the 3675 Resistace breaks first. (B) Sell below the 3545.

Target: (A) 3670 (just below the Resistance). If 3675 breaks target 3710 (0.5 Fibonacci extension ). (B) The 4H MA200 (orange trend-line).


Previous S&P500 trade:

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