S&P 500 — Long Setup
After seeing a clear bullish breakout, I waited for price to pull back into my 61.8% – 78.6% Fibonacci retracement zone.
Once price reached my area of interest, I placed a limit long order, targeting 3.5R, with the weak high above as my main target.
The idea is simple: breakout → pullback into discount → continuation.
Now I let the market do its thing.
Note:
This is simply my personal view of the market and how I’m approaching this setup.
I’m sharing it for journaling purposes only.
Not as financial or educational advice.