Long

Can the HOUSE CAPITALIZE LONG ABOVE DAILY SWING EQ...?

Updated

1) The 1st confirmation I want to see is price break the last 4Hr Swing High ($76.25) and head towards the EQ Fib level ($76.55)/ 4Hr Supply Zone...

2) Now what happens next is what will determine if we go LONG or not.... The only thing that makes me slightly hesitant in taking this LONG is the fact we have an ascending iR/LQ Trendline currently that buyers have created and I know for a fact Sellers need to sweep this liquidity the question is when will they do it?

3) Once we break above the Fib EQ level ($76.55) I need to see a candle closure above price on the 30m TF & Below... However Price could very much so close above inside the 4Hr Supply then sellers step in and drop price to sweep the iR/LQ then buyers push price rii back up above EQ Level... SO its case by case scenario lets just await and see what happens... Ill keep update as PA prints....

Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently... Let's Step!!

Stay Focused & Reach Excellence!!
#BHM500K #NewERA #Champions

Note

We have officially gotten the break above 50% EQ Level.... Lets stay Focused!!

Note

Price broke and Closed above 50% EQ Level on the 1Hr TF & Below... This is a good sign... Lets stay focused on what continues to develop...

Note

ANOTHER 30M Candle Closure above EQ Level...I'm going to set my Limit Now and wait patiently for the TAG... #500K

Note

Limit Officially Set LONG... -Managment500K

Note

PA ran all the way to 70.5% Fib Level with no Tag in for Entry we have to switch the Play and GO SHORT now.....

Note

Im flipping the PLAY N goin SHORT....

Note

15m TF Current PA... Flipping the Narrative SHORT now!! #BHM500K

Trade active

WE were tagged SHORT & now are in Management of the Position...

Trade active

4Hr TF Current PA... Price broke underneath 62% Fib Level... We got the 4Hr Supply Rejection that we looking for and now price is pushing for lower prices... Lets get the big push down toward $76.00 Per Barrel. -Management500K

Trade active

Extended my stop just slightly to the top of the 4Hr Supply Zone.. Held over the close and now waiting for the BIG DROP!!

TreyHighPwr

-Real Members , Real Motion. #500K

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.