SPX500 Buy – Targeting Bounce from Support (Valid only 9/5/24)
Entry 1: 5,480 (First entry at support)
Entry 2: 5,472 (Adding to the position at deeper support)
Stop Loss (SL): Below 5,445 to manage downside risk.
Take Profit (TP) 1: 5510
Take Profit (TP) 2: 5540
TP1: 5,550 (First resistance zone)
TP2: 5,673 (Next significant resistance level)
Analysis:
Support Bounce: The price is expected to bounce from support between 5,480 and 5,472. Buyers are likely to step in at these levels.
Break of Structure (BOS): The recent BOS at 5,550 gave a lot of Gaps in the market, which is expected to get filled soon
Risk Management: A stop loss at 5,445 protects against a bearish continuation if support fails.
Entry 2: 5,472 (Adding to the position at deeper support)
Stop Loss (SL): Below 5,445 to manage downside risk.
Take Profit (TP) 1: 5510
Take Profit (TP) 2: 5540
TP1: 5,550 (First resistance zone)
TP2: 5,673 (Next significant resistance level)
Analysis:
Support Bounce: The price is expected to bounce from support between 5,480 and 5,472. Buyers are likely to step in at these levels.
Break of Structure (BOS): The recent BOS at 5,550 gave a lot of Gaps in the market, which is expected to get filled soon
Risk Management: A stop loss at 5,445 protects against a bearish continuation if support fails.
Trade fechado manualmente
We didn't get entries at our buying zone. It started to go up from 5490 (5500 psychological support was not broken)
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.