SPY 07.08.2023 SHORT

Updated
Asset and Time frame -SPY DAILY/4H
Entry Price - 449.51
Exit(Stop Loss) -459.98
Exit(Take Profit) - 422.77

On the weekly chart, the previous candle closed as an engulfing candle on the significant 452$ level,and on the daily chart the price retested the level and closed again as a bearish candle, its time for a small correction within the confines of the ascending tunnel

Good luck
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4 Hours chart
snapshot
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Daily chart

snapshot
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Weekly chart

snapshot
Trade closed: target reached
Trend Analysis

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