If you take a look on the 4 hour chart of the S&P, you are noticing that the price is in a huge uptrend.But this uptrend was ended when the price broke the 2887 level (second of the uptrend). Divergence was also present.
How I traded the market crash --> I had put a sell limit at the 2887 level with a stoploss at the 2902 level. Price tested the 2887 level and then melted down.
My first targets are hit and my second targets are at 2689 level.
Good weekend traders!
How I traded the market crash --> I had put a sell limit at the 2887 level with a stoploss at the 2902 level. Price tested the 2887 level and then melted down.
My first targets are hit and my second targets are at 2689 level.
Good weekend traders!