About meI am a 24 year old trader from South Africa I joined the markets 4 years ago and mainly day trade the nasdaq100 and also forecast potential investments in cryptocurrencies as well as famous stocks.
Potential short run to imbalance area. Price run into 13500 area @ 200EMA zone D1 TF
at premium area i will be looking for shorting areas.
Post analysis will update during new york eeesion.
Price has reached areas of rebalancing creating short term swings as well as running liquidity pools usidng market correlation markets show a potential volatile week as well as confluencing short term moves.
Pleas like and follow if idea was of use and i would like to hear yor views 2.
Price trading below a short term low @ the 200EMA and running a daily short term low give me the idea that the bulls want to enter the market. Bias of the week is bullish and looking for Monday to set the mood for the trading week in terms of volatility.
Today I head into the trading day with a bullish bias hoping to see price setup. To learn more on how I reached my bias conclusion watch and enjoy thank you.
from a trader to a trader
Weekly Forecast.
Potential swing low forming @ 200 EMA zone
after a run on sell stops. 31% drop from all time high (average drop).
1.Price must not be lower than previous weeks low for a bullish
bias. Potential Head and shoulders on lower TF.
2. Price can potential run below EMA for buy orders.
D1 Bias
Price runs short term low and trades above it.
1....
