Divergence here on the S+P at all time highs, right at the top of the rising wedge.
We also have an bearish engulfing candle on the hourly
Looks good to short down to the break of the rising wedge, stop at ATH
We also have an bearish engulfing candle on the hourly
Looks good to short down to the break of the rising wedge, stop at ATH
Trade active:
taken 50% profits on first big swing down, post FOMC minutes
Trade closed manually:
trade closed manually at swing low end of that session
About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.
Telegram coming soon.
Telegram coming soon.