Double Distribution Entry On SP500 [ESM24]
LVN entry in-between double distribution of the SP500 .
This entry has a 2.51 RR potential with just 10 point SL and 103 points TP.
Trade will be executed on both ESM24 and MESM24.
Most ideal place for and early exit or TP1 would be the top of the VRVP
If trade fails and price gaps down through the Low volume area, then the next potential good entry will be around the POC of the lower distribution at 5285.25.
If that fails as well, then the chance for a bigger dump down to the next LVN below goes up.
This entry has a 2.51 RR potential with just 10 point SL and 103 points TP.
Trade will be executed on both ESM24 and MESM24.
Most ideal place for and early exit or TP1 would be the top of the VRVP
If trade fails and price gaps down through the Low volume area, then the next potential good entry will be around the POC of the lower distribution at 5285.25.
If that fails as well, then the chance for a bigger dump down to the next LVN below goes up.
You are always 1 trade away from life changing profit.