SMC - SP 500 Long trade - W Formation to target 4,008During the upside of the last Rounding Bottom with the W Formation.
We saw a BOS up.
This is where the price breaks a level of the previous low or the previous high.
This is a continuation move where the price continues in the current direction.
Also it coincided with the break up with the Neckline of the W Formation.
Next we outline levels of liquidity for Take profit levels.
We have two TP2.
1. Neckline W Formation
2. Top of recent HIGH
The main target is 4,008
