Hello again Traders
🧐 Market Overview:
The S&P is forming a rising wedge on the 1H chart. I don’t usually trade this pattern, but with the price approaching the wedge top, I see a potential short opportunity worth a small risk.
On the 4H chart, there’s an even larger rising wedge at play. My instinct is still that this could turn into a fake-out, so I’m monitoring lower timeframes for short setups that align with the bigger picture.
📊 Trade Plan:
Risk/Reward: 9.45
Entry: 6 621.4
Stop Loss: 6 631.0
Take Profit 1 (50%): 6 546.2
Take Profit 2 (50%): 6 487.4
🙏 Thanks for checking out my post!
Make sure to follow me to catch the next idea and please share your thoughts – I’d like to hear them.
📌 Please note:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
🧐 Market Overview:
The S&P is forming a rising wedge on the 1H chart. I don’t usually trade this pattern, but with the price approaching the wedge top, I see a potential short opportunity worth a small risk.
On the 4H chart, there’s an even larger rising wedge at play. My instinct is still that this could turn into a fake-out, so I’m monitoring lower timeframes for short setups that align with the bigger picture.
📊 Trade Plan:
Risk/Reward: 9.45
Entry: 6 621.4
Stop Loss: 6 631.0
Take Profit 1 (50%): 6 546.2
Take Profit 2 (50%): 6 487.4
🙏 Thanks for checking out my post!
Make sure to follow me to catch the next idea and please share your thoughts – I’d like to hear them.
📌 Please note:
This is not financial advice. This content is to track my trading journey and for educational purposes only.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.