david71119

/ES long 1:2+ Risk/Reward on 1H CHART (200$ risk/ 500$ profit)

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CME_MINI:ESH2017   E-mini S&P 500 Futures (Mar 2017)
2
The support zone (yellow) was tested and retested, and the MACD has started to increase. There has been a trend for a long while, so I wouldn't expect this to go much beyond the 2391 level (it will be slow to go beyond those levels), but it will almost surely retest that upper bound. I like my SLs on the looser side. You can wait 1 hour if you want to play it safer, but you'll get in at a later time.
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