SPX500 - BULLISH OR BULLISH? (TARGET 4910 AND BEYOND)
A bit of a late post as the market is moving faster than my fingers can type but let's see how relevant this is regardless. Here is what I see:
What is on the chart? (follow the steps)
1) A strong price accumulation that gives us a potential liquidity target for later on! For now bullish until said otherwise.
2) The BOS level that serves as support.
3) The formation of a trendline which is bullish.
4) Our 1 Hour bearish FVG that may stunt price temporarily. Hence my trajectory leading downwards first!
5) (NOW) An accumulation structure that may propel price or lead it lower to our GOLDEN LEVEL!
6) The entry of the Gods. Yes, I am very enthusiastic but if I were to enter, it is here. We have an FVG + fib reload zone + trendline + hourly Kumo. I mean what else does a trader need? A crystal ball? No.
7) The final target. If we're bullish, what better than an ATH as a target?
As always, stay cold headed (unlike myself because when I see such a beautiful confluence of entry conditions, I just get excited) and happy trading! ;)
What is on the chart? (follow the steps)
1) A strong price accumulation that gives us a potential liquidity target for later on! For now bullish until said otherwise.
2) The BOS level that serves as support.
3) The formation of a trendline which is bullish.
4) Our 1 Hour bearish FVG that may stunt price temporarily. Hence my trajectory leading downwards first!
5) (NOW) An accumulation structure that may propel price or lead it lower to our GOLDEN LEVEL!
6) The entry of the Gods. Yes, I am very enthusiastic but if I were to enter, it is here. We have an FVG + fib reload zone + trendline + hourly Kumo. I mean what else does a trader need? A crystal ball? No.
7) The final target. If we're bullish, what better than an ATH as a target?
As always, stay cold headed (unlike myself because when I see such a beautiful confluence of entry conditions, I just get excited) and happy trading! ;)
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