adammeyer412

adammeyer412

Price created SMT at the highs after taking liquidity. Now we wait and see if it wants to trade lower into the start of the week before continuing higher

adammeyer412

2 Day FVG. VERY IMPORTANT Level for price to hold if price is going to continue STRONG Bullish Case: (higher probability) Watching for rejection in the discount levels within the 2Day FVG Bearish Case: Price consolidates in the gap, creating bearish SMT, and then inverting the 2 Day Gap FOR LOWER TARGETS

adammeyer412

-Bullish SMT -FVG -Inversions -Draw Higher For Targets

adammeyer412

-Bullish SMT -Weekly FVG Rejection -Buyside Draw Higher -2D strong closure

adammeyer412

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🔼

adammeyer412

-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

adammeyer412

-Bullish if we hold above -Bearish if we close below weekly inversion

adammeyer412

-Buyside above -Daily Gap Inversed -Lets see if it acts as support or breaks to go lower

adammeyer412

-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

adammeyer412

#NQ weekly outlook 👀 5/5/24 (overall need more information to be confident in the direction)

adammeyer412

#NQ weekly outlook 👀 5/5/24 (overall need more information to be confident in the direction)

adammeyer412

-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

adammeyer412

Bearish SMT at the highs indicating that there is a higher probability for a short term retracement if price stays heavy

adammeyer412

Bearish SMT at the highs indicating that there is a higher probability for a short term retracement if price stays heavy