[SPX] Fractal Trading Range
Wish I could publish my 5M but these are the points I'm lookin out for over the next few days...
Nota
Oh yea, that was fun, tested and dropped right through our bottom 2W Peak Trend fractal (light blue)...Nota
Better view, added another yellow fractal there to better show how Price broke down here...Nota
Another red fractal rejection, still pushin up though!Nota
Another exact rejection lol...Nota
Nota
We're probably gonna break through these lines, which will create a nice bullrun!Nota
Still a lot of bullish momentum but it's struggling to breakthrough for sure...Nota
Rejection city lol, tides might be turning...Nota
On verge of breaking through! Could spark a bullrun, watch for rejection though...Nota
Can't make this up!Nota
Watch out for a 2M mini H&S neckline break here...Still indecisive, lets see which way it breaks!
Nota
Did we just print the right shoulder?Nota
Never fell below the neckline and finally broke above the fractal and head instead for that nice bullrun we were lookin for...Nota
Lot of upward momentum running into lots of downward technical pressure, very weird and difficult to trade right here...Nota
Wow, ranging real tight right now. Watch out for a reversal or a break to new highs...Nota
Still lookin for that upward breakout, momentum should carry it but be wary in this range till it decides...Nota
It's tryin to break through!Nota
Finally broke down but still has lots of upside momentum, maybe will bounce off our fractal line here before pushing the top again...Nota
Upward momentum dwindling, may be shifting to a red close since it's stuck and can't go higher.Nota
Pretty tough sideways market after that initial rally...Nota
Trying to make one last EOD breakthrough...Nota
Oh yea, hope you were ready for that breakout...
Data analyst with a passion for best fit lines B)
Data analyst with a passion for best fit lines B)
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.