Zulu_Kilo

Zulu_Kilo Pro+

Sell this back into the precious gap around 12.70. Should have another bounce there!

Zulu_Kilo Pro+ Updated 

Please see my last idea for a thorough explanation of what's going on! Order block will be explained in it!

Zulu_Kilo Pro+

Long the PI** out of this! I told you about how to look for order blocks in a previous video. I have identified unbalanced order blocks and price currently (pre-market) is PERFECTLY positioned for some CALL options! (See my linked idea about how to spot market imbalance zones to verify order blocks) LETS MAKE SOME MONEY!!!

19:56

Zulu_Kilo Pro+ Updated 

There is so much about "ORDER BLOCKS" anymore. "Smart money does this!" youtube videos are plentiful out there. "order block trading" videos are a dime a dozen. But there is never ever a clear explanation about what makes for a successful order block trade, and more importantly, you never know if an order block is going to be successful!!! Simply identifying an...

11:34

Zulu_Kilo Pro+ Updated 

I haven't seen quite yet was I was hoping for the other day, and frankly a bullish case for NIo is starting to look worse and worse here. I am actually leaning more and more to the BEARISH side since analyzing the price action yesterday. While we did make a nice retracement from the $12.20 spot I talked about in my last idea, we have not picked up enough volume...

Zulu_Kilo Pro+

I did initially expect markets to open higher this morning, but Asian session was a mess, which is fine - still goes to plan. I believe that we are going to try to establish a trading range floor on NIO in the local range that has been consolidating. I believe a Wyckoff distribution pattern has developed. You should be expecting a SHARP rally to break the $13.28...

Zulu_Kilo Pro+

Alright Tradingview fam, Another order block trade coming right at you. I'm expecting for NIO to open higher on market open, likely reach $13.70-$13.80 , only for price to crash back down to the $12.70 range and reverse right back out again. There are two good plays to catch on these reversal. If you're an options player, $13.50 strike puts are going to put...

14:54

Zulu_Kilo Pro+

See the video of my previous idea to long to 17200.

Zulu_Kilo Pro+ Updated 

Guys, Easy peasy. Liquidity levels are painfully obvious. Price had a strong bullish move to the upside. We got a reversal back into the order block of the bullish move. We expect the move to continue up to liquidate short positions. The liquidity line is obvious. It is exactly where the previous bullish structure left off before the big drop down. Price will...

Zulu_Kilo Pro+

As you guys can see, this is a really tricky spot to be in. We are stupid close to making a higher high above wave five, which will completely kill the ABC idea. But price will still pull back to the bullish order block around 16800. I would wait for confirmation, based on what price does here. Scenario 1: We do not make a higher high, and reverse to C leg low...

15:45

Zulu_Kilo Pro+

Key level is to buy right around $12.50 - $12.30... Wait for the likely liquidations and retracement above that $13.26 line. You have two good plays tomorrow if you're into options: -Buy 12/2 Put $13 strikes right above that $13.26 line. Sell right below $12.50 for those ITM gains. -Flip over to the 12/2 Call $13 strikes as soon as price goes below $12.50 and...

07:36

Zulu_Kilo Pro+ Updated 

Great set up for a call options play. I will be shooting for some $75 strike weekly or (safer bet) 12/9 exp. You should aim to try to get these while price is slightly OTM (so around the $74 range). Ride this puppy up to $77 ($77.14 to be exact) and TP there. Setting my RR to around 1.4 which is targeting the last demand gapped zone around $73. This is the...

Zulu_Kilo Pro+

Here are the zoomed in supply and demand zones. We can see the areas right before the quick drop as our S&D levels. Here are the zoomed in views: Expect a drop into the 19.7-19.8k price demand zone with a reversal likely back up to the 20.6-20.7k levels. We can see that price broke...

Zulu_Kilo Pro+

I have been forecasting a high near $30 on AMC for a while now. There are a lot of Wyckoff trading ranges working in conjunction with one another at the present time, which is great because it allows for much better price forecasts. Expect that the markets will be CRAZY next week. We will be hitting a top in the markets and there will be yet another round of...

Zulu_Kilo Pro+ Updated 

I'm going to clarify this... I know that AMC is dong a "special split". Don't be consumed, this is stock dilution... Period. The HIGH next week will come BEFORE the 19th. There will be a HUGE crash of this stock before the 19th. You won't be able to catch the top AND have the APE split, so you better get clarity on which one is more important to you. The...

Zulu_Kilo Pro+

Guys based on how this is shaping up, I am having to reforecast again after a much more detailed look. I don't think we make a new high here. I fully believe we are going into an upthrust after distribution phase and will not make a new high. We are already diverging on one indicator, and I have a feeling we will on two separate indicators. and we will likely see...

Zulu_Kilo Pro+ Updated 

From my previously charted forecast for AMC (see related ideas) I picked up on another distribution cycle playing out and realized that the secondary test (ST) phase can correspond with the Upthrust of the green distribution trading range. If you're not familiar with accumulation and distribution, I strongly encourage researching Wyckoff's work to gain a better...

Zulu_Kilo Pro+ Updated 

To be clear, I am in a SHORT term bullish mindset. Although my belief is that we should go back down to somewhere around $16-$17 before hitting an apx $40 range target. Now... This could be anywhere from $35-$52 to be clear. But one thing is for certain... It is meant to liquidate heavily shorted positions, or scare them out of their positions. Also meant to...