Goofed by what I thought was distributionSo.. PLANS CHANGED!
Took some time to see on the sidelines how price would decide to play. Seems like we've been trending bullish with strong inst. order flow, so as of right now and the way the higher TFs are looking -Daily shows great strength, as well as a BOS; this could be the impulse to begin our bullish move, after many days of bearishness (for the retracement)-.
Now, I'm seeing re-accumulation.
Price begins to trickle its way bullish after a retracement on both 4HR and D (Jan 14-17th), which to me, seems like the standard push-up-pullback bullish scenario you'd see in clean price action.
GBPUSD RE-ACCUMULATION ON 4HR
GBPUSD BULLISH BOS ON DAILY
With DXY showing signs of bearishness on higher TFs, as well as taking into account future events like stimulus cheques being handed out; value on the DXY is sure to nudge lower with all that money being printed -just my hunch, lol-.
Quarterstheory
Pair correlation between DXY and GU, Possible DISTRIBUTION on GUI'm personally hoping to see, with DXY giving a potential for a short term sell-to-buy, that GU can go as far enough to take out those LR wicks, creating a UTA -as price wicked the whole body of the previous UT, one could say it broke PRICE structure, but since it didn't wick ABOVE the wicks which formed the UT, I'm waiting to see if price will cover that UT; as it IS called Wyckoff; and create a UTAD-. Looking for a short term buy, then a mid-term short IF the UTAD shows.
DXY reference SHOWN BELOW (1HR):
With DXY breaking 1HR structure, I'm personally standing by to see if Inst. order flow can begin taking price bullish, but with the higher TF outlook on DXY (4hr/D/M), I'd like to think otherwise.. lol. In need of some opinions!
P.S Ignore my half level, Ik it's off
Still bullish on Tesla (TSLA) to 1000.00I have been bullish on Tesla (TSLA) Stock since summer 2020. I have predicted many moves for Tesla (TSLA) before the inclusion of S&P. My bias is a continuation of bullish momentum, right now we are at a consolidation level which we could continue to break out to the upside or a possible retracement to the 800.00 level which lines up with a 50% retracement Fibonacci level, physiological level, and QP. Let’s see if we can get to 1000.00