SNP500 Bearish Continuation On Inside Bar Breakout Confirmation

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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