SunTzu_V
@t_SunTzu_V
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SunTzu_V
Hey traders! So here you will see this bullish candle where the blue arrow is pointed on the 4h chart on the S&P, this trade made an easy $15,700 with a more aggressive risk of 10% of capital but with basically 0% drawdown. My team and i noticed something big about this candle that 90% of traders miss and i mean big! especially if you trade options. Did you notice what was going on with this candle that was so big?. Follow for regular trade insights, ideas and more.
SunTzu_V
Based on the look of price action on the daily it looks like at least a temporary rise over the next 2-3+ days. The fake break towards the down side out of consolidation and then the break back into and through structure upwards indicates very strong probability to the upside. Also i see there are many orders sitting around the 29000 - 30000 price levels which may definitely be of interest to market makers. So any new guys or anybody with short term shorts around this level on lower charts than the daily please be careful and keep an eye on your positions as you could be swimming against the current.
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