This idea was first posted on Dec 9 but was hidden as I unknowingly violated one of TV's house rules and the idea was hidden. Reposting for everyone's reference as we get closer to the tgt profit level.
Following Friday's positive NFP, S&P has turned very bullish short term and looks set to break the recent highs again. The duo fibo extensions drawn have an converging fibo level of 2.618 and 1.618 around 3250-3260 levels
If new record highs continued to be set, expect a target price of at least 3259.50 to be achieved before any medium term trend turn. Lean long thereafter with risk reward >1 depending on entry level, stop at 3069.
Happy trading and please click agree/like on this idea to support my work as well as follow my Tradingview profile to get more trade ideas update.
Following Friday's positive NFP, S&P has turned very bullish short term and looks set to break the recent highs again. The duo fibo extensions drawn have an converging fibo level of 2.618 and 1.618 around 3250-3260 levels
If new record highs continued to be set, expect a target price of at least 3259.50 to be achieved before any medium term trend turn. Lean long thereafter with risk reward >1 depending on entry level, stop at 3069.
Happy trading and please click agree/like on this idea to support my work as well as follow my Tradingview profile to get more trade ideas update.
ノート
Fibo 2.618 levels crossed at 3251.50. Good area to take profit on longs now. Continue to watch for short opening confirmation.
トレード終了: 利益確定目標に到達
With both fibo targets reached past 3260 level, long trade is closed with 4-6X risk reward depending on when entry was taken. Monitor now for dips beyond 4-5% and retracement before turning short.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。