MatrixEdge

MatrixEdge

we either accept value back in and around this 5 day balance range s3.tradingview.com or we will see shorts start to cover causing a short lived rally before the search of real buyers. overall the weekly trend is intact.

MatrixEdge

Still a 4 hour downtrend The hourly and 15 min look as though the previous value area (PVA) has been accepted. Next would be for buy-stops possibly by Friday

MatrixEdge

Wednesday could be the FGD (first green day) so long as it closes as such. A true mid week reversal may be in play. Inside the opening range

MatrixEdge

using the theory of cycles within cycles and repeatable patterns (fractals) we can anticipate high probability trade setups that may develop and play out with speed. This leads to low stress easy money

MatrixEdge

Taking a different approach and using displacement events and market imbalances to gather a bias Wkly s3.tradingview.com Daily s3.tradingview.com

MatrixEdge

Considering the upcoming news release 2/14/23 i am projection one of these projections to manifest over the course of this week markdown bias = if highs (412x) are attacked during N.Y. sessions markup bias = if lows (4050) are attacked during N.Y. sessions

MatrixEdge

Pre news release whatever liquidity they leave before 08;30am est you can bet they will grab it with quickness

MatrixEdge

Possible orderflow for lower prices next wk. h4 and daily looks like H&S

MatrixEdge

There are 2 options with pending news Reset cont. or Lvl 3 new downtrend prepare for path of least resistance

MatrixEdge

NFP around the corner with a crazy extension on todays price action. 60% probability according to the BTMM model

MatrixEdge

Pre fed Peak Formation. just following the setup of 3's

MatrixEdge

Monday retest of the lows would coincide with a reversal for the u.s. fed rate decision

MatrixEdge

currently gold has put in a new 2022 low. seems like preparation for Fed rate decision next wk monthly camarila L4 sits around he 1655 threshold

MatrixEdge

News narrative was inline with MM 3 count intent. A retrace to 12300 and hold or continue to 11500. Remember Mon + Tues = weekly initial balance

MatrixEdge

Nasdaq looks overextended in line with market cycles and waves. I expect London to hold the high long enough for the NY open to possibly return us to Friday's open

MatrixEdge

Expecting Next wk starts the 3 count retrace

MatrixEdge

All hanging on U.S Sept rates If L3 is suport expect pivot point and H3 as target areas along with last wk hi

MatrixEdge

The trend is your friend till they full send. still short bias. Tuesday Pa will provide a much clearer narrative Ideally i would like to U/J retrace in tonorrows NY session befor releasing to the downside