Avirany

SPY 07.08.2023 SHORT

Short
Avirany Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Asset and Time frame -SPY DAILY/4H
Entry Price - 449.51
Exit(Stop Loss) -459.98
Exit(Take Profit) - 422.77

On the weekly chart, the previous candle closed as an engulfing candle on the significant 452$ level,and on the daily chart the price retested the level and closed again as a bearish candle, its time for a small correction within the confines of the ascending tunnel

Good luck
Comment:
4 Hours chart
Comment:
Daily chart

Comment:
Weekly chart

Trade closed: target reached
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