Daily Demand Mitigated are we ready to go LONG...?
NQ1!
“I really think a champion is defined not by their wins, but how they can recover when they fall.” - Serena Williams
Yo Family I have been studying NQ like a MAD man waiting for the right HIGH PROBABLE SET-UP...I believe that time has finally come... Below I will break down in gr8 detail as to why I believe we can potentially catch a nice LONG play....Here's why rock w/ me!
1) Since the Market open on SUNDAY, we have seen nothing but bearish activity this whole week with little to no entry for the BULLS to participate... Now that the move has been complete IMO>>> for sellers to Drop the Market and Mitigate the HTF's Weekly & Daily Demand Zones we could be ready to finally catch a Market Trend LONG...
2) I am going to execute this trade on the lower TF's 30M & Below...This is what I want to see in order to enter the market LONG...
3) Being that price has officially entered the HTF Weekly & Daily Demand Zones that doesn't mean that we are ready just yet to go long... There still could be mitigation of lower prices into the demand zones and then buyers may be ready to commit.. This is all about patience Fam!! Lets stay focused!!
4) In order for me to enter this PLAY LONG, I need to a see sweep of the low on the 15m (Wick Preferably) and a 15m CHoCh of the high with a confirmed candle closure above.... Once I can get this I will choose the most recent 15-5m level of Demand cover the low for my stop and target the unmitigated 1Hr Supply Zone above... ALSO before we enter the market LONG, price needs to be trading above the Green VWAP as a last min. confirmation as its always a higher probable to be trading in favor of the VWAP...
Now lets sit back N stalk like the saltwater CROC!!!
Its time to reach Excellence!! -Management500K
#BHM500K #NewERA #Champions
Comment:
Daily TF
Comment:
Price ran to the 1Hr Supply Zone without US however Sellers are pushing price rii back down towards our entry....I'm leaving my limit on...#BHM500K🏁
Comment:
15m TF PA
Comment:
Readjusted my Limit Entry and Stop based off this inside bar on the 15m TF....#500K
Comment:
Sellers pushing price back down towards our Long Entry...Lets stay focused #500K
Comment:
WE have received the TAG and now we Manage as Professionals #500K
Trade closed: stop reached:
All good! On to the next!! #500K