TreyHighPwr

Mitigation of 4Hr Supply then Sellers Tank the market SHORT...?

Short
TreyHighPwr Updated   
COMEX:GC1!   Gold Futures
GC1!

The game of Probability we ohhh sooo Luvvv to participate in.... I have developed another narrative for the HOUSE to CAPITALIZE ON...Vibe w/me
Here's what I'll need to see in order for me to catch this SHORT ON GOLD for the 2nd time ahaha....the 1st execution I guess you could say was premature... Now here we are again!

1) I want to see buyers push price up into this HTF 4Hr supply zone above and mitigate price around($2171.5).... ***This will be our 1st confirmation that we need.

2) If and when buyers mitigate the 4Hr supply above I want sellers to enter the market and create a LTF 15m CHoCh in price, which would indicate a shift in hands...However this is still not enough to enter Short just because we see this change...***KEYNOTE; this will be our 2nd confirmation that we need, a LTF 15m CHoCh in price to the downside...

3) On the 4Hr we can clearly see rii below the Weekly Support level Buyers have created EQL's ($2156.5) which is another Major reason why I believe this market is preparing to go SHORT... If and when we can see these 2 sequences I stated above in price to happen, I then would need sellers to push price of GOLD DOWN & BREAK/CLOSE underneath the Weekly Support Level ($2160.00) on the 1Hr TF down (As true SELLERS CONVICTION) and then push to purge the liquidity the EQL's have created below ($2156.5)...***This will be our 3rd & 4th Confirmation we need to see before we place our limit SHORT...

4) Now remember IF and when we can get these sequence of events to play out in PA then the HOUSE will be compelled to sell the retest of the Weekly Support that failed ($2160.00) and target the next major unmitigated 4Hr Demand Zone below (2139.5)...***The Biggest Key factor I need to see is the 1Hr candle close underneath the Weekly Support level of ($2160.00) and price trading underneath the RED V-Wap, then I will be ready to enter Short cover the HIGH for my stop & set my Target... This move will be roughly around 205 pts in which we can easily catch a solid +2.5-3R % Gain Depending on your management system...

Remember nothing in the market is set in Stone, WE play the long-term game of probabilities...With that being said, now we just Sit back N stalk like the Saltwater CROC!!
Remain Patient & let the set up come rii to us...Trade our system as Professionals...
Nothing Less, We aim for EXCELLENCE!!!

Stay on point!!
#BHM500K #NewERA
Comment:
We have already received our 1st Confirmation...
***Mitigation of the 4Hr Supply Zone ($2171.5)
Now let's continue to pay close attention to see how the rest unfolds...
-Management500K
Comment:
We have just received our 2nd Confirmation...
***LTF 15m CHoCh to the downside, indicating a shift in hand (weak to strong), We have an official 15m Demand Failure....
Now let's continue to pay close attention to see how the rest unfolds...
-Management500K
Comment:
2nd Confirmation!!
***LTF 15m CHoCh to the downside, indicating a shift in hand (weak to strong), With an official 15m Demand Failure due to both candles closing underneath price....Now let's continue to pay close attention to see how the rest unfolds...
-Management500K
Comment:
Price Wicked our WEEKLY SUPPORT LEVEL ($2160.00)....Let's stay focused and on POINT....No time to slip! Remember to Wait for final candle closure underneath on all LTF's & purging of liquidity underneath the EQL's below, then we will look to enter short....Patience PAYS!! #500K
Comment:
4Hr Rejection candle at the 4Hr Supply zone is beautiful....Couldn't get more attractive than this....EQL's below ready to be swept....This is a beautiful trade for next week...Possibly MON!! Lets stay focused and on point...#500K
Comment:
On Fri. just before Market Close, we got the close underneath the Weekly Supply Zone ($2160.00)...Now we just need a few more confirmations before we enter this trade SHORT... Let's stay focused and on point! Our Aim is EXCELLENCE of the system...Meaning not every trade will be a winner but the system in execution how we enter and exit we aim for EXCELLENCE!!
#BHM500K #NewERA
Comment:
Market Open and we have just received the last final confirmation that we need to enter the Market SHORT...Lets await for the TAG and manage as professionals...
#BHM500K #NewERA
Trade active:
We got the TAG now lets sit back N Manage as professionals...
#BHM500K #NewERA
Trade active:
We still have resting LIQUIDITY below that needs to be swept to the downside...As yu can see the EQL's below...Lets stay on point...
#BHM500K #NewERA
Trade active:
1Hr Resting Liquidity has been swept...Lets remain focused and on POINT...No time to slip...#500K
Trade active:
PA running as predicted...Let's stay on point!!
#500K
Trade active:
Still Managing the position very very closely... So far she is running very well...Let's stay focused! -Management500K
Trade closed: stop reached:
Price came to my exact PRICING for STOP and went back down...Lowkey frustrating however this is the game of probability we choose to play... On to the next set up...
#BHM500K

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