Mapping the price in H4: Some rules to understand the strategy: - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div: Trend vs demand/supply -Ascending trends with red cloud is most likely tested twice before break up. -Descending trends with...
Observations: -The red clouds are most likely FOR NOW to cock block any attempt to go through this red storm. Wait for neutral or green clouds to appear in the long term trends (supply turning to demand). -The hourly medium term investor trend turned its resultant to buyers area despite a descending trend.This should be breakable but didn't yet. => I recommand...
Observation: - At the limit of breaking up the min15 medium term investors trend. If we close above in min15, next target is 7340$. - Huge gap between the clouds = No demand aera - In the other hand the resultant harmonics volume in sell was very low in the last cycle. Don't forget your SL set @ the last ascending trend level. Gl,
Observation: => H4 medium investors trend broke. => Daily medium investors trend is above the rope. If this daily closure fail to sleep above the rope, take a short and target the two objectifs on the chart. Gl
Observation and market mapping after the Opep & Corona Black Swan events: => Trend medium term investors in H4 broke => Trend medium term investors in daily broke => Trend medium term investors in weekly broke Assessment done yesterday: The gap between the last supply zone and ascending trend and the weekly medium term investor was 4.8k$ to 7.2k$ (for the top of...
Observation: - Harmonics long term building up momentum (Most important: Blue wave turning positive => bull trend) - Volume resultants= green - Price resultants= green - R/R no risky for longterm The idea: Two TP for the next rope. One on the rope and the second at the top of the cloud. Gl
End of the fractal pattern. => Last phase is occuring. The bull will occur once we are stabilized above the fractal finger.
Still have time. We are most likely going to test the bottom of the red cloud above the current rope then retest the rope. If the rope doesn't broke up we are going to the next rope above (careful the gap is big ;) ).