MoneyballAustin

MoneyballAustin

-Price reacting off of weekly Demand -Price reacting off of tested 4x times supply. price has gone deeper and deeper into daily supply so not many sell orders left as price needs to search higher and higher for the next stack of sellers. -I'm long biased and like looking for buys if price pulls back into demand or breaks out.

MoneyballAustin

See the picture for analysis. -bullish commodities. -4hr uptrend -Price inside 4hr demand -Looking for lower timeframe confirmation setups.

MoneyballAustin

HTF (Higher Timeframe) -Price inside HTF monthly rally base rally demand -Trend = uptrend -Look for lower timeframe confirmation. LTF (Lower timeframe) -Downward ML Break -Opposing Zones Removed -Price inside monthly demand -Daily Confirmation Setup (potential buy stop so you would get filled on the way out + you would get extra LTF confirmation. OR -OR...

MoneyballAustin

-Price broke the downward trend line -Price removed pivot point supply -Take profit hit at 1.2:1 reward : risk -Good Trade

MoneyballAustin

-Uptrend -Price inside daily Demand -Wait for buyers on LTF

MoneyballAustin

See picture for top-down analysis: -Short Term Downward ML Break -opposing zones removed -People might think it's a great demand setup which I agree but taking a look at the overall price action over the last 7 days, you can see price is making overall LL/LH by about .6% -If someone bought at this demand then using a structure SL is recommended. -Low risk reward...

MoneyballAustin

See the picture for analysis: -Price was in a downward channel creating lower lows/ lower highs. -Price has now broken out of the downward channel and now creating higher highs/ higher lows. 2 options here; 1) wait for the price to enter the demand zones and enter on the confirmation trades. 2) buy the demand straight up.

MoneyballAustin

-See chart for Analysis -Price inside support/demand area, look for buys with confirmation (1hr)

MoneyballAustin

-Downward Channel so buying low and selling high with confirmation on lower timeframes make the most sense. -With price in the middle of the range = stay away.

MoneyballAustin

See picture for analysis -Price inside daily Demand + 2x confirmation with price breaking 4hr downward trend lines, and removing opposing pivot point zones. -Wait for a pullback into DBR.

MoneyballAustin

See Picture for full Top-Down Analysis: Higher Timeframe: -Price high on 4hr sideways range so selling is a higher probability -Buy Low with confirmation on lower-frame confirmation and sell high with confirmation on the lower timeframe. Lower timeframe: -Price broke upward Trend Line. -Price Removed Pivot Point Demand Zone -Rally Base Drop Created -Sell...

MoneyballAustin

-See chart for analysis. -Price inside monthly demand -Waiting for price to break lower timeframe downward trend lines and remove pivot point supply zones. (see pic on left for example) -Keep eye on fundamental news.

MoneyballAustin

-Price inside weekly demand. -Price bouncing off of weekly upward trend line -Trend = up/sideways. -Waiting for buyers to step in on the daily timeframe... Need to see daily downward trend line break, opposing pivot point supply removed, and a quality daily/4hr demand created.

MoneyballAustin

-Price reacting off of daily/4hr supply. -Price broke 4hr upward trend line and removed pivot point demand -1hr RBD (rally Base Drop) supply zone. -Waiting for pullback into supply for short.

MoneyballAustin

Daily timeframe: -I like the daily supply zone from where price dropped and broke upward trend lines + removed structure. -Once price pulls back into the daily supply zone either taking the whole daily supply for a 1:1 or 1.5:1 and taking profits or moving SL to BE. -Once price pulls back into the daily supply, go down to a lower timeframe like 1min-5min and wait...

MoneyballAustin

HIGHER TIMEFRAME -Major Support/Demand Area -I agree with looking for buys when the price is down inside the yellow box. -Use a smaller timeframe for confirmation. LOWER TIMEFRAME (4hr) -Use the 4hr timeframe for confirmation/entry timeframe. -Waiting for downward trend lines to break and opposing zones to be removed. -If you go down to the 4hr, you will see...

MoneyballAustin

-Waiting for Lower Timeframes Downard Trend Line to Be Broken And Opposing pivot points supply zones to be removed. -Need a quality Drop Base Rally Demand Zone To Be Created. -Inflation, Russia Ukraine news to potentially drive up commodities.

MoneyballAustin

-Support seems to be holding but what I notice is that price is having to go deeper into the support and make smaller moves from the support which is telling me that the buyers are not able to really step in. -I am bullish and I like buys inside the support area but until we start breaking the previous LL/HH pivot point area, the profit margin is small. 3...