NQ1!
'Much of our trading comes down to a battle between our patience and impulses'
I am developing this NQ LONG as we speak... Here is my reasoning as to why I think the market will continue to push lower and mitigate discounted demand levels and then we'll get to catch a nice LONG for the HOUSE to CAPITALIZE ON...
1) On the Daily TF we have this HUGE Indecision Candle in which I grabbed my Gann Box and drew out the High N LOW & THE EQ Level of the candle ($17797.25)"EQ" in which I intend sellers to push price towards...Then take off LONG (This is the move we look to Capitalize on)
2) The PA that I will be looking for is a Mitigation of the Daily Indecision Candle EQ Level ($17797.25) and possibly a push lower and then i'll start monitoring the LTF 30&15m and wait for the 15m BULL CHoCh and possibly enter if we can get the right amount of confirmations...
Let's stay focused and see how PA plays out...***Remember I am looking for sellers to continue pushing price lower & Mitigate Discounted Demand Levels and then Ill be interested in going LONG on a LTF confirmed 15m Bull CHoCH along with more confirmation...
To be continued...
#BHM500K #NewERA
'Much of our trading comes down to a battle between our patience and impulses'
I am developing this NQ LONG as we speak... Here is my reasoning as to why I think the market will continue to push lower and mitigate discounted demand levels and then we'll get to catch a nice LONG for the HOUSE to CAPITALIZE ON...
1) On the Daily TF we have this HUGE Indecision Candle in which I grabbed my Gann Box and drew out the High N LOW & THE EQ Level of the candle ($17797.25)"EQ" in which I intend sellers to push price towards...Then take off LONG (This is the move we look to Capitalize on)
2) The PA that I will be looking for is a Mitigation of the Daily Indecision Candle EQ Level ($17797.25) and possibly a push lower and then i'll start monitoring the LTF 30&15m and wait for the 15m BULL CHoCh and possibly enter if we can get the right amount of confirmations...
Let's stay focused and see how PA plays out...***Remember I am looking for sellers to continue pushing price lower & Mitigate Discounted Demand Levels and then Ill be interested in going LONG on a LTF confirmed 15m Bull CHoCH along with more confirmation...
To be continued...
#BHM500K #NewERA