Does history really repeats itself?

Zaktualizowano
If the price behaves as described in the chart, enter the trade at the yellow line:
Stop loss is the red line;
Take profit is the green line;
Uwaga
The trigger is a clear fall below the yellow line
Zlecenie aktywne
Due to the decreasing volume, we are going in with a tight stop (giving it a bit more space, 2850) as the session approaches closing time. This option renders us a very good Risk Reward. We aim to sell at the yellow line and rebuild the position later.
Zlecenie aktywne
Trade is still open as we fail to close above 2850. If the prices does not revert now we will most likely be out of this position.
Transakcja zakończona: osiągnięto poziom stop
We close the trade as we close above 2850
Chart PatternsTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

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