Micro E-mini S&P 500 (4H) – Bearish Breakdown & Pattern Setup
Market Structure & Overview:
The 4-hour chart displays a clear breakdown from a Rising Wedge / Ascending Channel structure, complemented by an ABCD harmonic structure. Price has completed a retest of the broken ascending trendline, confirming bearish pressure and offering a high-probability short opportunity.
Key Technical Factors:
Pattern Breakdown: Break & retest of the lower boundary of the Rising Wedge.
Harmonic Structure: Completion of point D near the top boundary, validating bearish control.
Confirmation: Price Action shows rejection at the retest area around 7,585.
Trade Parameters:
Action: Sell / Short
Entry: 7,585.00 (Break & Retest zone)
Stop Loss: 7,850.00 (Above recent swing high / resistance level)
Price Targets:
First Target (TP1): 7,389.50 (Key horizontal support)
Second Target (TP2): 7,018.75 (Major structural zone)
Third Target (TP3): 6,855.00 (Intermediate support level)
Fourth Target (TP4): 6,625.00 (Demand zone)
Fifth Target (TP5): 6,497.25 – 6,480.00 (Point B demand base / macro target)
Risk Management: Always manage position sizing according to your risk parameters. Protect capital by moving Stop Loss to breakeven once Target 1 is reached.
The 4-hour chart displays a clear breakdown from a Rising Wedge / Ascending Channel structure, complemented by an ABCD harmonic structure. Price has completed a retest of the broken ascending trendline, confirming bearish pressure and offering a high-probability short opportunity.
Key Technical Factors:
Pattern Breakdown: Break & retest of the lower boundary of the Rising Wedge.
Harmonic Structure: Completion of point D near the top boundary, validating bearish control.
Confirmation: Price Action shows rejection at the retest area around 7,585.
Trade Parameters:
Action: Sell / Short
Entry: 7,585.00 (Break & Retest zone)
Stop Loss: 7,850.00 (Above recent swing high / resistance level)
Price Targets:
First Target (TP1): 7,389.50 (Key horizontal support)
Second Target (TP2): 7,018.75 (Major structural zone)
Third Target (TP3): 6,855.00 (Intermediate support level)
Fourth Target (TP4): 6,625.00 (Demand zone)
Fifth Target (TP5): 6,497.25 – 6,480.00 (Point B demand base / macro target)
Risk Management: Always manage position sizing according to your risk parameters. Protect capital by moving Stop Loss to breakeven once Target 1 is reached.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.