Hit a Weekly & Daily BISI Yesterday, got nice displacement to the upside, creating a Bullish SMT divergence on the 4H with ES. Swept Sell Stops. This is just a retracement to a MMBM. Dropped into a 4H +OB After the Impulse Leg up. We have all these REHs created, this will be an EASY Target, going into today. But can't expect nothing too too crazy because the lack...
First Objective is going to be the Second Lowest Line, final objective is the Bottom Line/Box. 4H Bearish SMT between ES and NQ + 4H MSS with Displacement. This is the Second Retracement and i'm saying this rally we saw in Asia/London was a Retracement because the HTF Objective is yet to be hit. In this retracement, there was 2 other Bearish SMTs with a 15M + 5M...
Fake head n shoulders. All it did was sweep sell stops. Retail sees this as bearish, however HTF still remains Bullish. Still can retrace more, however, this is not a long term reversal.
Drop down into this low and 4H BISI. SMT on the 15M, HTF PDAs hit (Daily Liquidity Void) & PDH Hit.
Going into this new trading day, these are my Targets. I want price to respect that New Week Opening Gap. It can drop again into it, it can fill in that range, etc. However I want that price range to support price. So price cannot got below Last Fridays Afternoon low, otherwise I'd have to reconsider the trade idea and wait.
Just as annotated by the notes. Drop into sell stops + 15M BISI + 1H BISI. It can and probably will go lower, however with the release of high impact news (CPI) price action may become choppy especially after that Low hanging fruit objective is met.
Minimum it's going to start reaching down into the 1600s. All time frames are Bearish. Monthly Is Bearish, Weekly, Daily, 4H. Honestly wouldn't be surprised if this went much lower, but all I need is 1600's. My main reasoning for this: Every time frame is Bearish. Can't really describe the other reasoning, it's just based mostly off of repeating patterns in the...
NEEEEEEEEEEERRRRRRRRMMMMMMMMMMM! eventually going to reach into this today, been chopping the other days generating buy side liquidity
Targeting the 4H SIBI, 4H VIB can be used to take some profits off as well, but I want the REHs to be hit mostly
Didn't participate yet as price did not drop low enough for an entry for me personally, however, there's a chance it drops into a 1H BISI and continues higher targeting that High Annotated. Though that doesn't NEED to happen, just something I'm looking for which will allow me to enter
Previous posts timing was inaccurate, however everything else remains the same other than the timing I still need work and experience in that. Today(Monday) Should draw towards the first Objective/Thursdays High.
There's two Parts of this move. You only need one to make money on it. I'm looking for certain actions to take place before seeing this happen, as described in the texts. This is based off the Weekly-Daily-4H Becoming Bearish & the Best case scenario and what I believe will happen when it retraces and each thing I'll look for during the scenario. This whole idea...
Bascially we're going down because it has to go down and thats all there is to it
News will come out to whatever it will be and it'll still drop to those lows. It will not continue higher until so. Maybe retrace deep but it cannot leave long term without them.
Short Term Bias is Bearish. Reversal is currently unclear, I am currently only looking for shorts (To Catch The Retracement Lower Of The HTF Bullish Trend). I'll only go long when all time Frames become bullish-> When price sweeps sell side liquidity & reaches into a HTF inefficiency that way it'll be setup for longs. I'll find my short setup once there's an SMT...
Beyond these highs, I want to wait for more information before doing a full pull to HTF Objectives. So for now this is the main objective with high probability in being reached as it aligns with both the Bearish and Bullish Narrative. Either price will go here to sweep buy side liquidity to allow for a reversal back lower. OR it sweeps these highs, retraces and...
Overall Short term Bearish on Indices. Long term Bullish. All I want to see is for a drop into Sell Side Liquidity, if Nasdaq is Bullish it'll create a Bullish SMT Divergence at the lows with S&P, along with the Daily & Weekly BISI I would expect that to allow for an expansion to new ATHs for NQ. There's three scenarios that can play out. 1: Just move up higher...
Same Idea as my last post, we had a just retraced, I still hold the same bias however. Weekly, Daily, 4H, 1H, 15M All turned Bullish now I want to see that Low Of Day Stay in place and not be swept. Target, Daily SIBI/Highs for Buy Side Liquidity.