MoneyballAustin

MoneyballAustin

Daily timeframe: -I like the daily supply zone from where price dropped and broke upward trend lines + removed structure. -Once price pulls back into the daily supply zone either taking the whole daily supply for a 1:1 or 1.5:1 and taking profits or moving SL to BE. -Once price pulls back into the daily supply, go down to a lower timeframe like 1min-5min and wait...

MoneyballAustin

HIGHER TIMEFRAME -Major Support/Demand Area -I agree with looking for buys when the price is down inside the yellow box. -Use a smaller timeframe for confirmation. LOWER TIMEFRAME (4hr) -Use the 4hr timeframe for confirmation/entry timeframe. -Waiting for downward trend lines to break and opposing zones to be removed. -If you go down to the 4hr, you will see...

MoneyballAustin

-Waiting for Lower Timeframes Downard Trend Line to Be Broken And Opposing pivot points supply zones to be removed. -Need a quality Drop Base Rally Demand Zone To Be Created. -Inflation, Russia Ukraine news to potentially drive up commodities.

MoneyballAustin

-Support seems to be holding but what I notice is that price is having to go deeper into the support and make smaller moves from the support which is telling me that the buyers are not able to really step in. -I am bullish and I like buys inside the support area but until we start breaking the previous LL/HH pivot point area, the profit margin is small. 3...

MoneyballAustin

-Uptrend Channel -Price making higher highs/higher lows. -Long term bullish commodities with inflation, Russia Ukraine, FED. -Bought a pullback into demand with stop loss below the previous HL/HH.

MoneyballAustin

-Downward ML Break -Opposing pivot point removed -DBR Created -Price inside Weekly/Daily Demand. -HTF trend = downtrend so any longs will be counter-trend. (small risk) -Selling against the Dollar during these times so it's aggressive.

MoneyballAustin

When we get these major volatility spikes, it's not a bad time to do smaller risk and vice versa for when we have lower volatility when the fear in the market is low.

MoneyballAustin

-Price reacting off of Major resistance. -With price currently at resistance and reacting off of the previous pivot point area where price made a new lower-low/ lower high, it's a good area for shorts. -If price breaks above resistance and removes pivot point LL/LH area then looking for buys on the pullback into support

MoneyballAustin

-Price reacting off of Major resistance. -With price currently at resistance and reacting off of the previous pivot point area where price made a new lower-low/ lower high, it's a good area for shorts. -If price breaks above resistance and removes pivot point LL/LH area then looking for buys on the pullback into support

MoneyballAustin

-Weekly uptrend so price removes opposing weekly supply zone. -Short term correction moves can be played when price touches these counter trend higher timeframe zones, but trading with the trend is a lot higher probability. -Price reacting off of demand + uptrend trend line. This is where buyers will potentially stepin. -USD safe haven currency, inflation,...

MoneyballAustin

-Price broke upward trend lines -Price removed pivot point demand zone -Quality Rally Base Drop Supply Zone to short at once price returns to the RBD. Lower timeframe Shorts are also valid inside the supply.

MoneyballAustin

-Downward mL Break -Opposing pivot point supply removed -DBR could be better if price removed the supply/broke ML from the original imbalance. If you don't like the DBR then you can wait for confirmation in the RBR weekly demand or wait for confirmation in the DBR weekly demand.

MoneyballAustin

-Uptrend is still intact. -correction, impulse, correction, impulse. -Inflation, war helps the strength in oil. -WTI up25% for 2022. -Yes, it's overextended but we still have not seen sellers take control so with price at its current location, I will be looking for longs with confirmation. Any questions don't hesitate to ask or reach out to me on social media...

MoneyballAustin

-Overall Trend = Downtrend -Price coming into the previously tested supply zone and will probably go deeper into the zone, -Price near to reaching off of downward ML -Area for shorts but lower timeframe confirmation needed.

MoneyballAustin

-Daily uptrend -Impulsive, correction, impulse, correction. -Long Term Bullish for USD -Inflation will most likely continue to grow and people will still look to the Dollar for safety. -Shorts are valid but considering price is in an uptrend and the supply has been tested multiple times, I would not recommend selling in there.

MoneyballAustin

-Price Continues to grind higher and higher. -OIL Is up +22% for the year making it one of the best-performing commodities. -News on Russia/Ukraine = demand oil. -Inflation. -Don't be the idiot trying to sell this thing with no confirmation. Yes, shorting 1min scalps is fine but I do not recommend trying to hold a short for over 24 hours.

MoneyballAustin

-Read notes on the chart for full analysis. -Price reacts off of support/demand but each time price reacts off of the support/demand buyers cant seem to take full control.

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MoneyballAustin

-Bullish pennant daily chart pattern. -Long term bullish in gold/commodities with inflation and with potential inflation rated. -Buy low/Sell high. -Potential stop loss hunt when the price gets more squeezed closer together. Normally a big explosive move to the upside comes from this. -I could see a fake-out to the downside and trap a lot of traders then the big...