"Never give up! Failure and rejection are only the first step to succeeding." -Jim Valvano
This is perfect play for a high probable trade to go LONG!!!
Check out the Chart Link below where I breakdown the reason being why I think the market will take off LONG...
Remember when it comes to FRM (Financial Risk Management) our Job is to manage the downside costs of printing High side returns of $$$ consistently... Let's Step!!
In order for me execute a LONG position, I need to see price break this 15m Supply Zone and close above pricing ($2348.0) on the 30m TF & below... NOW If and when we can see these sequence of events take place, then I'll be compelled to go LONG...Lets stay FOCUSED!! #BHM500K
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I'm very patient when it comes to this set up. We have nothing to rush... Stay on Point #500K
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PA Currently...Lets wait for the break of Supply and 15m CHoCh....#500K
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We have received the 1Hr Supply Failure and 15m CHoCh that we needed to see in order to enter LONG....I have now set my limit! Now we wait patiently for the TAG!!! #BHM500K #NewERA #Champions
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WE have received our Tag Entry... Now we will Manage as Professionals #500K
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On my session volume profile we can clearly see the POC being used as a level of support here on the 30m TF...As long as we can keep price above the POC then we should still be in the clear...If price breaks and closes below the POC, then the probability of this trade going in our favor lessens dramatically....Let's continue to Manage Professionally w/ NO EMOTION!! #500K
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Not looking good atm....Lets continue to Manage w/ NO EMOTION!!!
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This LTF 5m Demand Zone is our last string of hope....Let's stay focused!! #500K