Hello everyone this is my idea for sp500 on daily time frame
all details are on chart but I will discuss our plan below .. on what we should do
we just need to keep it simple and control our emotion .. we are traders ... no bias just trading what market give us
Our plan as buyers
we stay as buyers to target blue and red line above as long as orange line and black line hold
we buy from purple line to target black line and above
we buy from pink line to target black line and above
we buy from green line to target pink line and above
Our plan as sellers
we sell from blue line to target black line and below
we sell from red line to target blue line and below
break of below lines ( daily candle close ) trigger a sell to next support
for any question feel free to ask :)
all details are on chart but I will discuss our plan below .. on what we should do
we just need to keep it simple and control our emotion .. we are traders ... no bias just trading what market give us
Our plan as buyers
we stay as buyers to target blue and red line above as long as orange line and black line hold
we buy from purple line to target black line and above
we buy from pink line to target black line and above
we buy from green line to target pink line and above
Our plan as sellers
we sell from blue line to target black line and below
we sell from red line to target blue line and below
break of below lines ( daily candle close ) trigger a sell to next support
for any question feel free to ask :)