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AidanMDang
2020λ…„ 9μ›” 25일 μ˜€μ „ 12μ‹œ 9λΆ„

S&P500 [ES] | πŸ‚ 4H Bullish Engulfing Candle at Channel SupportΒ λ‘±

US SPX 500OANDA

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Possible countertrend long opportunity:

-4H Bullish engulfing candle supported by volume (See Volume indicator & Volume Profile )
-Bounce from downtrend channel support

Three target levels: $3300, $3325, $3355

As I mentioned in my previous post on September 22, each of these long targets should be treated as potential reversal/continuation levels to the downside.

Share your thoughts in the comments below and drop a πŸ‘πŸ½if you appreciate this analysis!

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Lower timeframe analysis:

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Target 1 reached

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Target 2 reached
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dnei519tradeview
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Thank you sir. This is gold. I'm going to plot this trend on my chart too as a reminder.
AidanMDang
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@dnei519tradeview, No problem! Glad it helped. Did you catch the move today?
dnei519tradeview
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@AidanMDang, yes I did. Thank you so much sir!!
InkyGrip
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Great analysis, appreciate it!
AidanMDang
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@plancton0618, Thanks a lot!
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