As the previous analysis worked exactly as predicted,
SPX500 is eyeing a bullish breakout on the 4-hour chart, with price rebounding from a key support zone near the upward channel's lower boundary, converging with a potential entry area that could ignite upside momentum if buyers defend against dips. This setup suggests a continuation opportunity amid the ongoing uptrend, targeting higher resistance levels with 1:2.5 risk-reward.🔥
Entry between 6860–6890 for a long position (entry at current price with proper risk management is recommended). Target at 7000. Set a stop loss at a daily close below 6845, yielding a risk-reward ratio of 1:2.5. Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging the index's resilience in the channel.🌟
📝 Trade Setup
🎯 Entry (Long):
6860 – 6890
(Entry at or near current levels is valid with proper risk & capital management.)
🎯 Target:
• 7000
❌ Stop Loss:
• Daily close below 6845
⚖️ Risk-to-Reward:
• ~ 1:2.5
💡 Your view?
Does SPX500 defend the channel support and break toward 7000 — or do we see another consolidation before the next leg higher? 👇
Entry between 6860–6890 for a long position (entry at current price with proper risk management is recommended). Target at 7000. Set a stop loss at a daily close below 6845, yielding a risk-reward ratio of 1:2.5. Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging the index's resilience in the channel.🌟
📝 Trade Setup
🎯 Entry (Long):
6860 – 6890
(Entry at or near current levels is valid with proper risk & capital management.)
🎯 Target:
• 7000
❌ Stop Loss:
• Daily close below 6845
⚖️ Risk-to-Reward:
• ~ 1:2.5
💡 Your view?
Does SPX500 defend the channel support and break toward 7000 — or do we see another consolidation before the next leg higher? 👇
עסקה פעילה
Trade was activated.The daily candle was not closed below 6845, so it wasn't activated.
עסקה סגורה: היעד הושג
This position was closed in 13 Jan with almost 1:2.5 R/R פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
