SPX 500 short
After almost 50% retrace from the top I think the top is in.
Took the previous high liquidity and immediately rejected and we've got a shooting star candle on the daily candle, longs are trapped.
The next thing I am looking for is to take the liquidity below the key level (my 1st target).
This trading idea will be valid when we will close below the yellow line and flip it into resistance
I am bearish as long as this economic shutdown continuing .
Stay safe, stay home.
Took the previous high liquidity and immediately rejected and we've got a shooting star candle on the daily candle, longs are trapped.
The next thing I am looking for is to take the liquidity below the key level (my 1st target).
This trading idea will be valid when we will close below the yellow line and flip it into resistance
I am bearish as long as this economic shutdown continuing .
Stay safe, stay home.
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