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S&P 500 Bearish Continuation on Inside Bar Breakout Confirmation

By:

Nenad Kerkez

Published: Oct 4, 2021, 10:07 GMT+00:00

Then SNP500 is bullish generally but there is a stronger pullback which is taking place.

S&P 500 Bearish Continuation on Inside Bar Breakout Confirmation

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.

For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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