Bullish Setup For S&P500 On NFP Day
Diupdate
With the NFP, we are likely to see a lot of volatility.
We are trying to profit from the expected movements with a long setup in the S&P500.
We are waiting for a return to the 5,470-point area first, as this is a prominent area in the volume profile that invites a long entry.
We also set our stop loss below a prominent point in the volume profile, which in turn is slightly below the 38.2% retracement of the recovery movement between the beginning of August and the beginning of September 2024.
We are trying to profit from the expected movements with a long setup in the S&P500.
We are waiting for a return to the 5,470-point area first, as this is a prominent area in the volume profile that invites a long entry.
We also set our stop loss below a prominent point in the volume profile, which in turn is slightly below the 38.2% retracement of the recovery movement between the beginning of August and the beginning of September 2024.
Trade aktif
Buy limit was hit in pre session. Let's see how this plays out
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