Will Sellers Defend the Weekly Resistance Level/4Hr Supply Zone?
Updated
MNQ1! He who is not courageous enough to take risks will accomplish nothing in life: -Muhammad Ali
Here I have created a short Video detailing my HTF Daily/4Hr perspective when it comes to NQ.... WE have just wicked the Daily High printing a new ATH and sellers dropped the market to go and mitigate discounted demand prices... Now that price has worked its way back up, the #1 question is will this current Weekly Resistance HOLD or will Buyers push past the resistance level and back into Premium 4Hr Supply Zone territory. Lets stay super focused on the development of PRICE and be ready to adapt and focus solely on entry Management / risk to reward. Were going to have a gr8 week this week.
Remember when it comes to FRM 'Financial risk management' Our job is to manage the downside costs of printing HIGHSIDE returns of $$$ Consistently...
#BHM500K #NewERA #Champions
https://www.tradingview.com/x/vMPZ6nCW/
https://www.tradingview.com/x/JYgP4BvN/
https://www.tradingview.com/x/5OPXDQ7F/
Trade active
Market Opened and bulls are strong. We have now officially closed above Weekly Resistance on the 4Hr TF and it looks as if we're Headed towards the Unmitigated 4Hr Supply Zone... Lets stay focused!!
-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.