SNP500 Bearish Continuation on Inside Bar Breakout Confirmation

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

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.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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