Was hoping to attack the liquidity on the bottom. Fell short and played a lower Candle. Moved stop to break even/
On the 1HR TF the market is following very good structure and has a over all bullish structure. I would wait for the market to come down to the 50% fib level and if there is enough bullish momentum I would go long from there. If you are interested in my setups and would like to learn my strategy learn how i see the markets, hit me up in the comments!
Considering the behavior of the indicator in the range of the 78.6% level, it is likely that the upward trend will continue until the blue Fibonacci levels are formed. Then a change in trend is expected to take place
Dear colleagues, the waves continue their development. After the correction a b c, wave 1 in the upward movement is completed. At the moment I suppose that the price will either update the maximum of wave 1, or make a correction to the area of 50% Fibonacci level in the area of 37500 (wave 2), then I expect the price in the area of 100% Fibonacci extension level...
price tapped into demand zone after grabbing liquidity and then created a markets structure shift so we wait till price enters 5 min demand and target highs or hold till new high formed!!!!
US30 making new highs as the US Economy continues to show growth.
15 Min sell setup. Anticipating price to continue down based on break and retest of support level.
I dont know, i have the sensation that the market will go down a lot, i figure out that when the election comes the market would have retraced completely and go up when that happens, call me crazy but just guessing, share your thoughts.
Ending diagonals consist of 5 waves, labeled 1-2-3-4-5. Each wave subdivides into threes. Waves 1 and 4 overlap in price. Wave 3 can not be the shortest among waves 1, 3 and 5. Wave 1 is usually the longest, but not necessarily. Wave 5 of an impulse and wave C of an A-B-C correction are the places, where you should be looking for an ending diagonal. Since it is...
Greetings, If you have heard or seen the idea of using top down analysis within your trading but never truly new what it was or how to optimally utilize it in your own trading. This idea will show you.
Close a strong candle in 15 minutes and pullback to the desired number for purchase.If it reaches the target, we will expect a good reaction. That means the price will return....A strong candle means that most of the body is above the line.All the breaks of the yellow line are based on logic and completely calculated. So pay attention to the details of the yellow line
This week of January 29th to February 4th, 2024, the following Dow Jones Industrial Average (DJIA) companies have scheduled earnings releases: Tuesday, January 30th: McDonald's Corporation (MCD) Verizon Communications Inc. (VZ) Wednesday, January 31st: Boeing Company (BA) Honeywell International Inc. (HON) Microsoft Corporation (MSFT) Thursday, February...
Close a strong candle in 15 minutes and pullback to the desired number for purchase.If it reaches the target, we will expect a good reaction. That means the price will return....A strong candle means that most of the body is above the line
Swing Trade for US30 I will be scalping daily on the 5 min chart at market open, I’m waiting for price to close below the 37990.8 zone. Waiting for daily conformation candle, before entry, for daily and weekly to turn bearish. Monthly: Bullish Weekly: Bullish Daily: Bullish
1, it has hit 61.8 2. a breakkout after the 61.8 has happened. 3. ENTER (SL right above 61.8 wick)/TP @ 1.27 DO NOT PULL OUT 5Min
Just like US 100, we are seeing higher prices on US 30. As long as we hold last monday's highs we should keep on seeing higher prices. IF we break and close below 38100 I would expect us to hunt for the sellside liquidity. Considering that we are trading around all time highs (we are still trading in the range which gave the push towards new highs) I am less...
Here with a new update, The market is currently at an all time high zone. (38100-38200). Us30 is bound to make another retest at lower support levels. After making a 17% bullish movement to the upside since October 2023. The long-term trend is still bullish. Currently, at this moment it is not recommended to take any sell positions, as we have a higher probability...
sell side lqdty from asia and friday so we wait for pull back to enter and target lqdty from friday