It appears that the price is fluctuating within a very large diametric structure, and it is currently in the middle of wave F.
Wave F is forming an ABC pattern, and it seems we are currently in the middle of wave B within F.
On higher timeframes, the price has stabilized at a key level. As long as the green zone holds, we expect positive fluctuations and a bullish move from the SPX in the coming weeks.
This is a volatile instrument, so risk management is essential.
Consider entering in the green zone using a DCA strategy. The targets are marked on the chart. Take some profit at the first target and then move to breakeven.
A daily close below the invalidation level would invalidate this analysis.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think SPX is bullish?
Wave F is forming an ABC pattern, and it seems we are currently in the middle of wave B within F.
On higher timeframes, the price has stabilized at a key level. As long as the green zone holds, we expect positive fluctuations and a bullish move from the SPX in the coming weeks.
This is a volatile instrument, so risk management is essential.
Consider entering in the green zone using a DCA strategy. The targets are marked on the chart. Take some profit at the first target and then move to breakeven.
A daily close below the invalidation level would invalidate this analysis.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think SPX is bullish?
Trade active
After hitting the green zone, it has pumped over 17%.Trade closed: target reached
Nice One! Over 44%
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⚠️ Important signals are published exclusively on our Telegram channel.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
⚠️ Important signals are published exclusively on our Telegram channel.
⚠️ Important signals are published exclusively on our Telegram channel.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.