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us500 long position
us500 still bullish
What happened?
H4 timeframe:
- bearish setup complete
- -27% , -61,8% and fib extension complete.
Daily timeframe:
- 120% Retest happened with bullish variation (always wait for h4 candle). price could go 4349.50 to test the weekly trendline as final touch
- Price "seen" to push below market structure
- Liquidity pushed price to get collect pending sell orders and stop out those who had long positions open
- Tp @ -27% and -61,8% respectively.
What happened?
H4 timeframe:
- bearish setup complete
- -27% , -61,8% and fib extension complete.
Daily timeframe:
- 120% Retest happened with bullish variation (always wait for h4 candle). price could go 4349.50 to test the weekly trendline as final touch
- Price "seen" to push below market structure
- Liquidity pushed price to get collect pending sell orders and stop out those who had long positions open
- Tp @ -27% and -61,8% respectively.
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