The price can fall after taking the liquidity of the equal Highs
MFI went overbought, Fed minutes tomorrow Prob gonna just stay out this week
New record highs on indexes!! The DJI broker 40k, and CME_MINI:NQ1! itself broke to nATH as well. CBOT_MINI:YM1! never actually made a nATH, but cash DJ:DJI did - so I wan waiting for that to resolve itself. The good news is that CME_MINI:NQ1! has a really clean weekly chart here, so I will be focusing on that this week instead of the Dow. I think we...
1. Imbalance below 2. 4hr bearish (tpd twice) 3. 1hr bearish (tpd twice) 4. 45min FSH 5. 30min SSl
For those who still think that trading is a scam, check my profile for more information. Today we are bullish. After analyzing the DXY, I noticed that on the daily it reached a gap from which it will reverse. At 9:00 am new york local time we have the FOMC. News of medium impact news. I will keep you informed if changes are announced
Considering that at 08:30 we had high impact news, we predicted that the market would go down, but it seems that it did not form a fvg that would give us an entry into the sell. That's why I will wait for him to take the part of sellside liquidity and I will go long. That is why it is difficult to have a precise analysis on the day when you have high impact news....
I updated today's analysis. It seems that the market has other plans. I will see after he takes the part of the buyside if he withdraws. And I will look for a sell entry.
Hi folks. I'm back with the analysis for the E-Mini. Today we are bullish. After he takes the sellside part, wait for him to make a break in the market structure and enter the trade. For those who trade CAD, at 08:30 you have high impact CPI news. Be careful and take care
Hello,Friends! The BB upper band is nearby so NQ1! is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 17922.50. ✅LIKE AND COMMENT MY IDEAS✅
We reflected on the market and today we are bearish. We only have one medium impact news at 10:15am New York local time. Be careful that today is Friday and usually on Monday and Friday the market is not as precise and does not always respect the strategy you want to apply.
As NQ1! price moves towards its ATH at 18709, and assuming that new ATHs are found shortly, I'm looking at this being wave 5 of (3) of ((5)). Wave (1) of ((5)) was an expanding leading diagonal. Major corrections in the primary wave structure coincide with significant world events (i.e. Great Financial Crisis, COVID-19, etc.). S&P, DJI, and Russell 2000 all at...
After taking this high, the market will more than likely retrace. Be patient and we will see. I will keep you posted. We have the FOMC and the market is not precise.
I wanted to let you know that today we are bullish. I confused the analysis with the one from DXY which is bearish. Sorry I wasn't paying attention. Be careful
seasonal tendency is kicking in! What are your thoughts??
Sell NASDAQ shares as described in the analysis provided and follow the steps specified in Stop Loss and Take Profit
Trade Plan 05/17/2024 Watch overnight PA and consolidation area, after NY Open wait to see if consolidation zone works as Support/resistance or magnet as chop zone. 1. IF Consolidation area works as support, go Long 2. IF Consolidation area works as support. go short 3. IF Consolidation area works as magnet and chops, play the range until it breaks
Because of the FOMC, I had to change the analysis. I am waiting for him to take the part of buyside liquidity and look for a sell. I will keep you informed if there are any changes until 08:30