GasperiniGS

GasperiniGS Updated 

We are currently bearish and with a lot of room to go, next support is around 129.75. This cypher appeared at a good level of structure, giving us an opportunity to get with the trend

GasperiniGS Updated 

If you go back in the chart, you will see that we just broke major resistance. Now, we are testing that level of structure and the price may give us a Cypher as an entry reason.

GasperiniGS Updated 

This is simple. Although the market has been moving sideways, we are technically still bearish in the higher timeframe. The market may put a 2618 at structure, giving us an opportunity to enter with the underlying trend.

GasperiniGS Updated 

We moved lower, breaking many structure levels and making a L3C. I immediately think bearish, and we may have an opportunity to go short. We had a Double Top at previous structure (OR), and I'm now waiting to see if the 2618 completes.

GasperiniGS Updated 

We were in a downtrend, and we tested major daily support making New Structure Highs. The market have moved sideways after that. STORY (I learned this from my mentor, Akil Stokes, and I find it very useful): I see "level 1" like if it were the main war zone between bulls and bears. If the bears win and we see a move lower, I would expect that the bears were...

GasperiniGS

We have been in a downtrend and have broken many structure levels, so I immediately think bearish. The "Kill zone" Have been tested two times and each time it pushed the price lower. We made a lower low lower close (L3C) and now we are going back to that structure level. In theory one could enter right now and would still be a TCT trade. However, the R/R would not be good.