mfkzt_2

mfkzt_2 Updated 

Hey everyone, Just wanted share some levels I'm watching as we slowly creep higher. The overall trend looks bullish and a leg up here could be getting close to last stop territory before things open up for a test on the all-time high. We're not parabolic and extended into space from here either. There's plenty of support with very little in comparable resistance...

mfkzt_2 Updated 

Hi guys, just going to keep calling out trades as I see them. Will try to keep my directional bias as an aside though. We'll just try to find some good spots to trade and leave it at that. If it's screaming we'll scream. Anyway been looking at this a few days straight now and probably been a little too active on the lower period signals. Was really chasing shorts...

mfkzt_2 Updated 

Keep an eye out here what happens here at this bearish inflexion point. Could be an important level. Watch for the retest to get your confirmation on direction in the short term. If it's a stop run, you'll see fading lower highs from here before rejecting the level. If it's a breakout, you'll see higher highs and candles opening above the descending channel....

mfkzt_2 Updated 

Ok so, I'm drawing some conclusions here that can help take some positions here right away. First, this descending blue trendline looks like a point of interest. Since closing below it, we have not once closed above it. That can fall apart anytime but some value here on direction for now. Second, I'm going to factor a bearish trend (extended descending red...

mfkzt_2 Updated 

I shared this on the chat earlier but just wanted to revisit it here as it was really clear. Just look at the setup - lower highs on decreasing volume. The is usually a sign of no demand. Beautiful confirmation signal with the failed retest. Straight wick and down, no pain. Was damn near stopped out but that how you load up your position with a tight stop. People...