Hello Traders,
A rising wedge can be seen in ES1! (S&P 500) and I believe that it needs to make a correction so a breakout to the downside is to be expected. There may be another upside move and for that reason, a 30-point stop loss was set along with a 90-point take profit just around an identified key level. Furthermore, this trade idea supports our XAUUSD (Gold) long trade which stop loss will be updated in a moment.
Cheers!
Riverfront Capital
A rising wedge can be seen in ES1! (S&P 500) and I believe that it needs to make a correction so a breakout to the downside is to be expected. There may be another upside move and for that reason, a 30-point stop loss was set along with a 90-point take profit just around an identified key level. Furthermore, this trade idea supports our XAUUSD (Gold) long trade which stop loss will be updated in a moment.
Cheers!
Riverfront Capital
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.