Nobody will ring a bell at the top. What a great selloff we had last week! I was expecting a pop higher for the sell but they just wanted to pull the rug on bulls early in the week it seems. Pretty much everything got monkey hammered. Indexes and Oil slid while gold held in (for now). The great news is we now have a directional market to trade again - these are...
Last week we got the YM1! backtest that I wanted on the weekly. We rejected the weekly IRL and now I am looking to take out LOY on the Dow. Dropping to the h4 chart, we can clearly see the market is now primed to drop. I am looking for a sweep of highs to begin the weekly sell program. For those watching - we also got the 50% retrace of SPX on the...
Price has potential for the upside from the IRal to ERL move testing the daily OB. Targeting Previous daily highs as liquidity. Look for lower timeframe price action to confirm the move.
Potential IRL to ERL move, from the test of the daily OB and 4H FVG.Expecting Buyside Liquidity to be targeted. Wait for 1H structure shift and M5 MMBM to confirm the move.
Possible EU short... Reason: --------- + 15 Min. H/L range + Tap of supply zone to the left (need re-test to confirm) + Asia session sitting below + Internal range liquidity areas need to be grabbed ---IRL--- (buys need to be taken out) + Trendline liquidity sitting below ---x---