Monday, October 4, 2021 11:13 AM EST
Then SNP500 is bullish generally but there is a stronger pullback which is taking place.
We can see the bearish move possible on a confirmed Inside bar. The current candle might confirm it at the daily close. Point A is our entry zone on a breakdown of an inside bar structure if it forms. The first target is the TP zone 1 and the second target is the TP zone 2. See the chart for specific levels and zones.
(Click on image to enlarge)
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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