Heaben

Heaben

With Fundamentals having a great impact on Price, and at this point in time, from an HTF point of view, all USD Based Indices are Bearish in Nature. With Inflation worries, the DXY having created a WTF HL with a High Probability of Higher Prices, and the S&P500 still Bearish in nature, Lower Prices were almost probable. WTF - Sentiment is Bearish in nature -...

Heaben

WTF - From a Techincal point of view, PA is still Bearish in Structure as Price is still Trading in a Bearish Swing Range - With PA having tested a previous Area of Demand in the Market, PA rejected lower prices, pulled up for a High Probability of an LH (LTF Bullish Run) for Continuation Shorts - With the closure of the current Candle (Bearish Engulfing Bar),...

Heaben

WTF - Bearish in Structure as is PA trading within Bearish Trading Range - PA, LTF Reversal after finding Support at previous area of Strong Demand as reaction was strong - High Probability that PA will find area of strong LTF Resistance/ DTF Supply if the LH is to be developed DTF - PA, found support @WTF Area of Demand, PA indication of Bullish intent broke...

Heaben

US30 WTF - PA is Bearish in Structure, PA still Trending in-between Bearish WTF_Swing_Range - market closed with a Strong Bearish Trend Bar - With the LTF attempt of a Reversal (Failed attempt at the TR Retest), the Market was always in Shorts - High Probability of Market to remain Bearish, PA tapped into Previous Area of WTF Demand, Market could open Bullish...

Heaben

A lot was happening this week in the news, Elon Musk/ Twitter debacle, and given the sway, the DXY all in Longs, the market was always in shorts on the HTF WTF - Bearish in Structure as PA is still trading within its defined WTF_Swing_Range - PA, at an area of Resistance, and each prior Bar closing as DOJI's, the market was in a 3-4 Week Trading Ragen on the...

Heaben

US30 WTF - Bearish in Structure, WTF Closing Bar as a DOJI after 3 week Trading range - Using the Linechart, PA has not closed above and traded above the Previous High - High Probability that PA to continue Shorts for another Trading Week DTF - Current PA trading in a DTF Trading Range, PA closed above the DTF Swing Range High but currently trading below...

Heaben

NAS100USD WTF - Bearish in Structure, PA having found Resistance at WTF Trading Range High - Current WTF Candle Closed as a Bearish/ Sellers Signal Bar, i.e. Bearish Engulfing Candlestick - With the Bar Closing at the Bottom is an indication of strong Sellers intent to drive price lower, DTF - Bullish in Structure after DTF_CHOCH finding area of...

Heaben

Given the current situation on a Macro_Economic Level, it is having an impact on all Indices across the board. Furthermore, Stocks in essence are in need of a Correction. On a further note, PA has been tricky as of late to determine as it has no clear direction at the moment. From an MTF perspective, it is indicative an MTF_CHOCH which is indicative of a Bearish...

Heaben

Based on the DTF Structure, and the Identification of a DTF H&S, there is a High Probability of the Continuation Shorts in the Long-Term. With the WTF Ranged in nature, and the CHOCH and 2 Candlestick Pullback, for the DTF H&S Candlestick Pattern to complete, PA would need to retest the DTF Swing Range Low and retest current Support as Resistance. Please note...

Heaben

Based on the current Market Structure alone, there is a High Probability of the market pulling back. with the H4 closure as is, in all likelihood, the 15m should change Bullish, to allow the H4 to initiate the DTF move for a Pullback after the DTF Change of Character (CHOCH) but not break the last market DTF HH as PA still Trading within the DTF Swing Range. if...