Can the HOUSE Capitalize LONG this week on Crude OIL...?
MCL1! "In order to be successful in life you have to learn how to do something so well that the dead, the living, or the unborn could not to do any better." -Dr. MLK Jr.
Here on the 4Hr TF market opened up and we are currently inside of the HTF Daily Supply Zone ($73.43). Now this is my "Confluence Profile 500K" Playbook System to go LONG;
Pillar 1) HTF EOF 'Market Direction' Who has the stronger more dominant hand?
Now everyone's perception is different and that is totally fine. In my personal opinion we are still Pro Trend Bearish, however currently buyers have the slight EDGE. Now Im going to wait see how price reacts with the 4HR Sub. ($73.75) and wait to see if we can get a LTF Order Flow Footprint confirmation to enter LONG and Target the HIGHS....
Pillar 2) HTF Mitigation leads to LTF Order Flow Entry Confirmation.
Let's be more patient and wait for more Data to be printed and then we'll create a better narrative to enter. I'll keep close update as PA develops.
Til then before I head off, family I have to say; NOTHING and I repeat NOTHING in the market is set in stone. We play probability & adaptability to market conditions. Let's be skilled. Let's be patient. Let's be focused. Developing a stronger system that performs exceedingly well over time. Continued Success to you all...
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
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Breakdown coming Later....
-Real Members , Real Motion. #500K
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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.
-Real Members , Real Motion. #500K
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.