US 500Long
S&P500 Major bullish break out took place
The S&P500 index broke above the Rising Resistance that was the top trendline of the Rising Wedge.
This transitions the price action from that pattern to the Channel Up, which has significant upside potential at the moment.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 6080 (+7.25% rise, same as the last rally).
Tips:
1. The RSI (4h) is overbought so expect the momentum to turn sideways for some days but that doesn't mean that the uptrend will stop. Similar thing happened during the previous bullish wave.
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This transitions the price action from that pattern to the Channel Up, which has significant upside potential at the moment.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 6080 (+7.25% rise, same as the last rally).
Tips:
1. The RSI (4h) is overbought so expect the momentum to turn sideways for some days but that doesn't mean that the uptrend will stop. Similar thing happened during the previous bullish wave.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
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Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.