Hello,
SPXUSD pulled back at the recent resistance zone from the daily where the last breach happened. The first reach to this area led to a massive sell. Now, the buying momentum looks aggressive but it is slowing down, showing the H4 buyer is losing strength at the same area.
Entered short with a stop loss around - 2685
First traget - 2633
Good luck :)
SPXUSD pulled back at the recent resistance zone from the daily where the last breach happened. The first reach to this area led to a massive sell. Now, the buying momentum looks aggressive but it is slowing down, showing the H4 buyer is losing strength at the same area.
Entered short with a stop loss around - 2685
First traget - 2633
Good luck :)
Trading ditutup: stop tercapai