EIGHTCAP:USOUSD (CFD) My Personal Narrative... Since March 1st, 2021 Bulls have Majorly & Heavily supported price around $66.50/per barrel, creating a huge jump in price every time Sellers drove price into those waters (trying many times over the last 2 1/2yrs with no success). So for exactly 2yrs and 10mos to date Buyers have been successful at #HODLtheLINE at...
NYMEX:CL1! Daily and Weekly Chart we are Clearly Bullish..... However we could see a huge Bounce Play from this Daily Demand. Whats your take on CL....? Higher Oil Prices in 2024? LMK what yu think i'm Neutral atp.... Shalom+ #BHM500K
CME_MINI:NQ1! I've been low-key staying away from this asset over last 2-3 weeks paying very little attention to it because it's a str8 BULL market, hard to catch entries IMO. However we may have a small window for this Short set up IF & ONCE price can provide the following.... 1)Price can break this 1Hr Demand Zone with candle closures on both the 15&30m....
COMEX:GC1! Reasons for me to go Short IF & ONCE price can provide the following...... 1) Price is currently trading right above the Daily Swing EQ Price Level '$2070.0' 2) Price is midway through a 4Hr Demand Zone. Current price is ($2071.8) *The Price levels of the 4Hr Demand Zone are ($2075.5 to $2065.50) Current price is $2071.8 3) Price is trading right...
Sellers did as I intended and broke a Major 4Hr Demand and Caused a 1Hr Change of Character to the downside. #HODLtheSHORT or NAW...? KEYS TO ENTRY; 1)Sellers broke a Major 4Hr Demand (MOST IMPORTANT) 2)Sellers broke Major 1Hr Structure Causing a 1Hr CHoCh 3)Price broke both though barriers with candle closures below on the 15m, 30m &1Hr timeframes. (VERY...
Sellers did as I intended and broke a Major 4Hr Demand and Caused a 1Hr Change of Character to the downside. Im interested in Going short from this 15m Supply level covering the High and targeting the next Minor Support Level (IMO) $2051.35.....(Simulated Acct TRADING) KEYS TO ENTRY; 1)Sellers broke a Major 4Hr Demand 2)Sellers broke a Major 1Hr CHoCh 3)Price...
Looking to see how this short plays out on GC......? Price Broke structure to the downside and closed below on the both the 30&15m clarifying (IMO) sellers currently have the stronger hand and are pushing price lower. Lets see if we can get a major Drop.......Shalom! #BHM500K
If Sellers can Break this huge 4Hr Demand and we get a candle close below pricing of ($2061.50) with enough conviction on the 30&15m and PA trading underneath the Red V-wap, then I will strongly consider going short targeting this Minor Support Level around ($2051.35). Roughly around a 1000 point move. Can easily pull a solid +2.5-3R depending on Stop size. Lets...