Confluence Mastery 101 with ScalpingSirenAlright, fledglings, listen up! Dissecting that 12:51 candle ain't brain surgery, but it ain't finger painting either. So grab your chart magnifying glass and let's dive in.
Why'd price snuggle up at that level? Think confluence, my friends. Orders piled up there like squirrels at a buffet, both buys and sells. Some dip-buyers hungry for bargains, others spooked sellers cutting losses. It's a push-pull, a market tug-of-war.
Then, BAM! Some catalyst throws a wrench in the mix - maybe news, maybe a fat finger trade. Suddenly, one side panics, the other gets greedy. Boom! Price bounces like a rogue beach ball, leaving orders scrambling in its wake.
That's your lesson, younglings. Price doesn't live in a vacuum. It dances with the crowd, a tango of fear and desire. So next time, don't just stare at candles, read their stories. They whisper secrets of momentum, support, and the ever-shifting tides of greed. Happy scaling! #chartdetective #candlewhisperer #marketsinging
Pivot Points
1/1 Weekly Plan. ES Futures March ESH24Weekly Pivot is 4,812
Targets
4,808
4,837
4,849
Targets
4,757
4,735
4,699
Now trading at 4,820
Alerts
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,770
Weekly pivot at 4,780
Each weekly target.
Side notes:
4 days balance zone in play, high 4839.75, low 4797 and half back 4812.
One time framing up in weekly chart, ends at 4752.
When trading of weekly levels, each level will act as support and resistance, “no trade zones” do not apply to weekly plan.
Have a great week and trade safe.
Execution Of Daily Plan 12-2912-28 Commentary:
ES closed with spike to the upside, spike zone is 4835-4835.5, this is support when price is above it, resistance when price is below it, i will treat this area as a poor high, since we have no "real" excess we need to be mindful of a potential look above a fail scenario to invalidate poor high, all levels are in play today, meaning you can initiate trades from each target.
12-29 Commentary:
We will recycle ES plan. ES closed with a spike to the downside, yesterday’s RTH low. Last trading day of the year so stay away from NQ.
Nq levels are still valid, by the way
NQ spike zone, 17077-17090, ES spike 4828-4831
12/17 Weekly Plan. ES Futures March12/17 Weekly Plan. ES Futures March ESH24
Weekly Pivot is 4,780
Targets
4,808
4,837
4,849
Targets
4,757
4,735
4,699
Now trading at 4,777
Alerts
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,770
Weekly pivot at 4,780
Each weekly target.
Side notes:
One time framing up in daily + weekly chart. Daily OTFU ends if 4757 is breached in RTH, weekly if 4653 is breached.
When trading of weekly levels, each level will act as support and resistance, “no trade zones” do not apply to weekly plan.
Have a great week and trade safe. @everyone
Bitcoin bear market is overI think we have made the bottom for bitcoin at 15-16k area and now we are in the accumulation phase of the crypto cycle. It is hard to say how long it will take, but I am more convinced towards the accumulation phase based on my analysis of the weekly chart.
There are 3 major occasions during which we have tanked below weekly 21 moving average and immediately seen a spike in volume and came back above it. Every single time that this has happened, we have made new all time highs!
I have also shared my thoughts on what will happen in short term going into 3rd May 2023 fomc rate decision.
12/03 Weekly Plan. ES Futures December12/03 Weekly Plan. ES Futures December
Weekly Pivot is 4,580
Targets
4,608
4,633
4,670
Targets
4,560
4,524
4,500
Now trading at 4,596
Alerts
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,603.25
Weekly pivot at 4,580
Each weekly target.
Side notes:
One time framing up in daily + weekly chart. Daily OTFU ends if 4562.50 is breached in RTH, weekly if 4544.75 is breached.
When trading off weekly levels, each level will act as support and resistance, “no trade zones” do not apply to weekly plan.
Have a great week and trade safe. @everyone
How to Trade Fibonacci like TRADER9224The golden ratio is everywhere! It's even in the charts.. In this video, I go over how I use price action and Fib levels to get a general sense of the market.
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Track the progress of the 100k funded account.
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11/13 Weekly Plan. ES Futures December ESZ2023Weekly Pivot is 4,404
Targets :point_down:
4,444 Sept roll over gap centre line
4,476 untested downside spike zone from 9/20, 9/21 was a gap down session
4521 weekly vPOC from 9/11
Targets :point_up_2:
4,377 11/2 daily npoc
4,344 5 weeks balance zone HB 4,308 11/1 daily npoc
Now trading at 4,410 ESZ
Alerts :bell:
You will receive alerts in this channel every time ES hits (3M candle close):
Weekly opening 4,425.75 :magnet:
Weekly pivot at 4,404
Each weekly target.
Side notes :notepad_spiral:
Weekly Profile Info including ETH trading: VAH 4404, vPOC 4396, VAL 4375.
OTFU Daily, ends if 4367.75 is breached in RTH. Weekly 4357.75
When trading using weekly levels, each level will act as support and resistance, “no trade zones” do not apply to weekly plan.
ES Futures Weekly Plan 11-611/6 Weekly Plan. ES Futures December ESZ2023.
Weekly Pivot is 4,358
Targets
4,423 9/20 gap bottom + 5 weeks balance high zone.
4,476 untested downside spike zone from 9/20, 9/21 was a gap down session
4521 weekly vPOC from 9/11
Targets
4,318 11/2 daily npoc
4,272 5 weeks balance zone HB 4,231 11/1 daily npoc
Now trading at 4,377 ESZ
Alerts :
You will receive alerts in this channel every time ES hits (2M candle close):
Weekly opening 4,379.25
Weekly pivot at 4,358
Each weekly target.
Side notes:
Weekly Profile Info including ETH trading: VAH 4316, vPOC 4186, 4152 VAL.
Current 5 Wk balance zone is: H4423.25 / HB4271.75 /L4121
When trading using weekly levels, each level will act as support and resistance, “no trade zones” do not apply to weekly plan.
AUDCHF long high potential great opportunity don't missed AUDCHF M15 HTF
price is bearish
after taken the INDC and the price tap into the decisional OB price make small react and continue bullish which good indication to continue to the extreme OB
there is smart money trap zone above the decisional OB expecting the price to react aggressively bearish to trap the buyer take the SL and continue the bullish till the Extreme OB
what we are waiting for ??
we are waiting the price to sweep any liq. * fractals * and given signal on M1 SCS,COC or Flip and take the long targeting the extreme OB