Trade Plan 05/17/2024 Watch overnight PA and consolidation area, after NY Open wait to see if consolidation zone works as Support/resistance or magnet as chop zone. 1. IF Consolidation area works as support, go Long 2. IF Consolidation area works as support. go short 3. IF Consolidation area works as magnet and chops, play the range until it breaks
Hello guys. Considering that it was high impact news and the market eliminated many buysides, today I will go bearish. This happens when we have high impact news. the market can be unpredictable. Pay attention and stay safe.
Bias is Bullish. Price ran the External LQ, then went for the Internal LQ. Price swept the old high, but didn't displace through it. With the formation of a +FVG, and price pulling back to tag it Friday, we may see price trade through the new high early next week. Ideally, price will form FVGs to give us clear indications as to its intentions. Thank you for...
Hi folks. That's the analysis for today. Today we will be bullish again. Be careful at the market. At 08:30 we have high impact news Core Ppi
seasonal tendency is kicking in! What are your thoughts??
Hi folks. That's the analysis for today. We do not have any high impact news that can affect our market. I want to inform you that today we are bullish. After he takes the sellside or enters the FVG, you must look for a break in the market structure and enter the trade. I hope you enjoyed your weekend
NQ had a nice rally this morning, but quickly rejected after consumer sentiment and some fed speakers. I thought it would hold above 18240 on a retest, but it hasn't so far. If it can't reclaim, it will most likely head back towards 18k.
NQ failed on a breakout attempt last Friday morning. It hit the top end of supply and trendline resistance at the same time, right before consumer sentiment data was released. Price precedes news. Here are some bullish and bearish scenarios I'll be watching for this week.
Hello guys. Yesterday I was wrong about the market. It was very hard to read. So I think the market will be bearish. After it reaches this point, I expect it to make a break in the market structure and aim for the low of the day. We will see more details at 08:30. Be careful and stay safe.
Similar to ES, there's as chance the bullish trend will continue towards the daily bearish order block but price is stuck between two HTF price zones which makes my judgement 50/50. Therefore I will sit on my hands and wait for more data to print.
Session Breakdown, Asia = Consolidation London = Manipulation and US = Distribution to either continue Londons direction or reversal of direction...
Good Evening and I hope you are well. overall market comment Markets went sideways again which means balance. Currently most indexes fight for the 1h 20ema and oscillate around it. Bears got a deep pull-back which probably ran many stops just to quickly trade back up again. We are high enough to qualify for a proper lower high so the minimum bullish targets...
NQ 4hr chart showing multiple trend lines and supply/demand zones.
Here are my levels for the week. I have been really busy outside trading so I have not been able to post many updates. I continue to trade these levels a few hours every morning. Treat the levels as as support, resistance or targets. The market is currently trading in a large consolidation pattern with large daily ranges. The levels noted are the one are I feel...
Hello. after a longer analysis done on daily and weekly I came to the conclusion that today the market will be bullish. It's just that it's a more complicated analysis and a difficult market to read. I will go bullish today. If something changes, I will make a new post to let you know.
price has ran up through the bearish FVG and into a bearish OB it failed to reach the 50% mean threshold level since it failed to reach that level I’m anticipating a retracement lower into the red shaded area or even lower i want to the market to crash haha i don't know why tho i just like shorting
-Buyside above -Daily Gap Inversed -Lets see if it acts as support or breaks to go lower
On the daily chart it can be seen that the market is bullish today. After taking the sellstop and accumulating strength, the market will make a brake in the market structure and we will look for a buy until the tp is close to the high of the day.