It would be easy to be really hyperbolic with my tone and words right based on the latest price action...but I'm NOT going to be
I am a TRADER and in order to extract profit consistently over time its important to manage the PSYCHOLOGICAL aspect of trading well i.e. your emotions
That's why I going to focus on only the TECHNICALS because THAT, for me, is what's going to ensure that I see as much PROFIT as possible from this trade:
I am a TRADER and in order to extract profit consistently over time its important to manage the PSYCHOLOGICAL aspect of trading well i.e. your emotions
That's why I going to focus on only the TECHNICALS because THAT, for me, is what's going to ensure that I see as much PROFIT as possible from this trade:
Trade active
Trade closed: target reached
Morning!Casino will be open later
Headed to the target overhead most likely
Question is how we get there
Tick Tock
Note
OTW way to 38 once this retracement completesNote
And that's wrap!38 here we come as far as I can tell
TICK TOCK
Note
Morning!Casino will be open later
Looks like GME purchased some BTC..
Today should be interesting :)
Watching the 38 area otw to the larger target above
Tick Tock
Note
Nice short attack to fill that gapStill going up
Note
They pushed it down to VWAP so we should see that bounce higher soonNote
Patience Daniel SonNote
Note
Looks they are targeting the VWAP off the monthly low which would make sense. That is a logical reload zone Note
And thats a wrapWell that was an interesting day
It changes NOTHING
Headed to 38
TICK TOCK
Note
Note
OK we are dealing with a larger diagonal which is made up of 3 wave structures so there are a few ways we can make it higherPath A- Lower first before we head to 38
Path B- 38 first then lower
Ultimately we are headed to the 45ish area above...
Note
Quick video update on my YTPut things in perspective
Note
Morning!Casino will be open later
At this point just waiting for the A-B-C to better develop in this Wave 3 move higher (watch the new video on my YT for details)
TICK TOCK
Note
Note
And thats a wrap!Today was as expected
Have 70k in standing orders set to trigger between 27.50 and 28
TICK TOCK
Note
Morning!Casino will be open later
Note the heavy divergence on the DVDI and CMVI indicators below
We are likely close to a bottom on this Wave C down
Note
Price hanging out near the support region I called out yesterdaylets see how the day ends
Note
Remember this a diagonal so im looking for "ABCs" that advance higherIf this is the micro ABC that takes us higher then this is where it should head
Note
And thats a wrap!Im going to give you 2 dates to watch leading up to and during the Week of 06/09
06/05 and 06/11
TICK TOCK
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Related publications
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.