SPX is riding a tight 0.8% upswing after breaking the 4,500 level. Momentum is building toward the 4,560 zone.
đą $SPX LONG đ â Trade Plan
âą Entry: $0.381318 â $0.382082
âą Stop: $0.370249 (-3.0%)
âą Target 1: $0.387425 (+1.5%)
âą Target 2: $0.400785 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
A change of character popped on the 5âminute chart as price tore through the prior swing low, confirming the break. CVD turned bullish, a fairâvalue gap opened right under the breakout, and an order block sits at the 4,500â4,505 range, all swept by liquidity. The overlap of the order block and FVG creates a strong point of interest for the long entry.
A 3âŻ% stop is relatively tight for a swing trade, so stay around 2â3âŻĂ leverage.
Take half off at the first target around 4,560 to lock in riskâreward.
Not financial advice â trade only what you can afford to lose đ
$SPX #SPXUSDT #THORChain #TradingSignals #Write2Earn
đą $SPX LONG đ â Trade Plan
âą Entry: $0.381318 â $0.382082
âą Stop: $0.370249 (-3.0%)
âą Target 1: $0.387425 (+1.5%)
âą Target 2: $0.400785 (+5.0%)
âą R/R 1:1.7 | Confidence 64%
A change of character popped on the 5âminute chart as price tore through the prior swing low, confirming the break. CVD turned bullish, a fairâvalue gap opened right under the breakout, and an order block sits at the 4,500â4,505 range, all swept by liquidity. The overlap of the order block and FVG creates a strong point of interest for the long entry.
A 3âŻ% stop is relatively tight for a swing trade, so stay around 2â3âŻĂ leverage.
Take half off at the first target around 4,560 to lock in riskâreward.
Not financial advice â trade only what you can afford to lose đ
$SPX #SPXUSDT #THORChain #TradingSignals #Write2Earn