-Bullish SMT -FVG -Inversions -Draw Higher For Targets
-Bullish SMT -Weekly FVG Rejection -Buyside Draw Higher -2D strong closure
Total 3 Market Cap Excluding #BTC and #ETH (Alt-Coin Market) I like this area for rejection if the economy doesn't go into a recession 💪 A lot of discounts across the board if you're bullish🔼
-Price traded into a discount -Created SMT then reached towards internal buyside Overall we are in a consolidation but lets see if price will reach higher for more buyside or continue to consolidate
-Bullish if we hold above -Bearish if we close below weekly inversion
-Buyside above -Daily Gap Inversed -Lets see if it acts as support or breaks to go lower
-Discount on the fib -iFVG -SMT -Clear draw on liquidity higher Now: we wait on a consolidation and retracement before more confirmations to go long again
#NQ weekly outlook 👀 5/5/24 (overall need more information to be confident in the direction)
#NQ weekly outlook 👀 5/5/24 (overall need more information to be confident in the direction)
-Bitcoin traded into discount -created SMT with ETH on weekly candles -Created a 1H inversion FVG -CLEAR draw on liquidity higher -Overall Uptrend -NQ market bullish as well
Bearish SMT at the highs indicating that there is a higher probability for a short term retracement if price stays heavy
Bearish SMT at the highs indicating that there is a higher probability for a short term retracement if price stays heavy