HOW I MADE $725 TODAY IN FUTURES Not really the best "trading" day as far as price action.
Was bearish at the start of today to fill the gap down until we seen the full take out of a 15 candle.
Hope this helps you with your trading
Futrues
New Week With Tons Of Economic DataWith a new week in focus I reset our Data Points and conduct a reassessment of the broader markets. As the new weeks' begin, I like to give the markets breathing room; therefore, seeing how market behaves around my data points, and around my neutral levels. With that being said, I will outline the levels in the below, of which, are important for all timeframes. I do have both daily and intraday levels; however, I will focus on the daily levels.
The first area of contention is the 11,602.92 (downside) and the upside of 11,698.25, which places the price action into a tight channel; whereas, opening the door for some intraday trading, etc. Thank you for all of those who viewed the additional assessment artifacts found on my TradingView profile.
So, what levels for the week would I be focused on it looking at the:
Downside:
Friday's Close of 11,553 for sentiment purposes.
11,522.75
11,435.50
11,348.25
11,260.75
I will monitor the week to see how these levels play out on the downside and whether or not the price action could reach the extreme level 11,096.
Upside:
11,698.25
11,785.50
11,873.25
11,960.50
I will monitor the week to see how these levels play out to the upside towards the extreme level of 12,010.
$TOMO/USDT 12h (Binance Futures) Symmetrical triangle breakoutTomoChain is sitting on 50MA support and is likely to bounce after that triangle retest.
Current Price= 1.6171
Buy Entry= 1.6200 - 1.515
Take Profit= 1.9990 | 2.4240 | 3.0819
Stop Loss= 1.2225
Risk/Reward= 1:1.25 | 1:2.48 | 1:4.39
Expected Profit= +27.53% | +54.64% | +96.61%
Possible Loss= -22.01%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
