johnyfounder

johnyfounder

am seeking to get to the next level of intrest the bigboys are stepping in, however we had some void left behind which has been filled by the pullback. hence i am seeking for a further push to the upside together with the big boys

johnyfounder

this trade is picked from the 4h and 1h tf, the momentum on 4H is quite strong but theres is a need for pullback before we can farther the move down

johnyfounder

multiple tf analysis buyers territory on the 15 determined where the swing can get to

johnyfounder

price actn

johnyfounder

reading momentum how it is decreasing.

johnyfounder

from the week to daily

johnyfounder

buying fall is over

johnyfounder

the up is complete (reason for expected fast bounce) any news may be the catalyst this 1H is also complete and most favorable

johnyfounder

the up is dead, just seeking momentum to push down

johnyfounder

sell idea

johnyfounder

anticipating bears to push down

johnyfounder

i am anticipating a significant fast rise on the 1H there is enough allowance for the trade i dint expect to be taken out as in most of previous trades.

johnyfounder

this is a game of patience, i was anticipating a random increase in momentum before this big fall down begins.

johnyfounder

the retrace has to have clearance to go past the initial high, and the drive to its target. in this case the drive to target is from daily. a zoom out on 1H shows enough clearance

johnyfounder

The accumulation phase is building momentum to push towards the 4H level.

johnyfounder

this is a late trade. the 4H failed at the circled area. was oversold. the bulls were not strong enough and so we got a considerable retrace. (our entry area). from here the momentum might increase and easily hit our target. this is a good one

johnyfounder

this is a 1 H test trade. the entry is late (took little time evaluating it) as it should have been at the circled area. the pullback was just to gain good momentum to hit target. i do not anticipate any move past my stop area. small risk reward. (just testing what i can do incase of late entry.0

johnyfounder

the hourly is taking a pullback to get momentum enough to push to the upper target a small pull back was necessary and i had to wait for it. there might be a candle or two delay before the push higher begins. there lacks enough momentum to push to the lower target a significant retrace was necessary..