I'm anticipating a 4H MMBM on the Nasdaq. Minimum, hitting the Weekly Highs, both on the S&P and the Nasdaq.
1H Anticipated MMBM, expansion higher on Gold until it's above the Buy Side Liquidity.
This is an easy objective long for the S&P, I'm very confident in 10/24ths high being hit tomorrow. MMBM in play, SMT Divergence between the S&P500 and the Nasdaq as confirmation. 1st stage accumulation, and 2nd stage re-accumulation has taken place. 2nd stage re-accumulation caused that fast move today (Wednesday) higher drawing towards buyside liquidity. Now...
AM session can consolidate, rally or drop. But it cannot take out manipulation low as annotated with the red arrow. if the algorithm is drawing to that high up there, it'll do it pretty quickly between 6:00 AM - 12:00 PM or (AM Session). PM session can drop, rally or consolidate, it can also take out the manipulation low/ AM session low if that is the draw.
Prefer to see 4:30 AM - 6:00 AM see expansion higher towards the target
This is an easy, very easy objective. This is very likely to be reached, REH's. Perfect for profits
If the Nasdaq is bearish, I'll want to see it sweep those relative equal highs from the Asian Session. Which we already got, that already happened. Now we need to see if it's really bearish, it'll drop after respecting the 4H SIBI. I think this model is higher probability than the Long Model, I just have a feeling because the Low of the Weekly BISI has not been...
I'm personally 50/50 on what the market can do right now as I have no Daily Bias. This is a Bullish Scenario, this is what can happen, if today is bullish. Asian would be accumulation, london would be manipulation. AM will be a move higher, and draw towards Buy Side Liquidity.
Another 15M Target, will be those sell stops again, eventually.
I'm expecting price not needing to go above that high outlined, at least for a decent amount of time. Again, it's drawing towards Mondays low, partials at C.E of Mondays Discount wick, and main target Mondays low. I'm anticipating the 4H BISI acting as an IFVG
Because my target for Gold is higher, for now I will make allowance for the Dollar Index to go lower, or Consolidate for now until Gold hit the objective and shows willingness to move lower. I want to see the Dollar Index being supported by the Daily BISI, and eventually, longer term- expand up to take out all of the recent Weekly highs and dig deeper into the...
I want to see Gold Clear all those highs. Because I am Bearish on Dollar afterwards, I would like to see a return back down after clearing those highs, it can reach back to the low of the Weekly SIBI. The limit will be the closure above C.E of the Weekly Premium Wick on the Daily Chart.
• Weekly • DOL is the Weekly BISI, I do not believe the low is in yet. I want to see expansion towards C.E of the Weekly BISI. • Rejection lower from the NWOG. • Expecting the High of Week to be in. • Daily • I'm anticipating Tuesday to be the high of the Week. • I will change my bias if there is candle closure above C.E of the Daily Premium Wick. Other...
I can see a clear DOL for the 1H chart on the Nasdaq, main target is going to be Sell Side Liquidity in the Picture, that is an easy target. REL's will be swept.
Everything I outlined happened. Now I would like to see an eventual return back down, drawing towards Monday's Low and the Weekly BISI. I still need to do more analysis to determine whether or not there is a need to dig deeper into the Daily SIBI, or whether or not the next daily candle will expand lower/higher. Just overall, the draw on liquidity is Monday's...
With News data coming out, there is allowance for choppy price action, Ill see this as accumulation, I want to see lows that need to be swept. Then come news data at 9:45, I would want to see an initial drop to take out those lows. Why? Everyone that has been long so far trailed their stop losses higher, those lows that they trail their stop losses higher to will...
A level of sell side liquidity from Asian Session was swept, if it starts to look bullish on smaller time frames, this can become the low of London Session and might see expansion higher, and expansion in AM Session. If there is still movement lower in AM Session, it'll sweep London session's low, and probably Asian Session low as well and then see a move up...
4H BISI (Orange Box) should act as a break-away gap and not be hit. I want to see expansion higher and draw towards Monday's high, expand through that high, then target Friday's REH's and Daily SIBI. I would prefer to see a fake drop to take out London Session's Low, or Asian Session, it can go all the way down to take out Monday's PM Session Low. A fake drop...