NASDAQ:MARA showing similar liquidity zones as $SPY. Best approach is to stick to ICT strategy, track key levels, and wait for confirmations before taking positions. Staying patient for the best setups. 📊 #MARA #LiquidityZones #ICTMethod
Watching key liquidity zones on AMEX:SPY this week. Displacements could lead to strong moves, so patience and confirmation are crucial. Using the ICT method to navigate these setups—will we see new highs or a churn back to 590? Staying alert for opportunities. 📈 #SPY #LiquidityZones #ICTMethod
Monitoring this trendline as a key magnet for price action on $META. While I won’t adopt a bearish stance, I’ll be focusing on liquidity sweeps for optimal trade setups. Key demand zones marked—watching for potential reactions. Let’s see how price interacts! 🚀 #META #LiquiditySweeps #PriceAction
Looking ahead to this new trading week, I’m interested in seeing some shorts come in. We’ve returned to all-time highs , but the climb faced minimal resistance—aside from some signs of pushback on Friday.
I’ll be very cautious about entering any long positions unless we see price action consolidating or trading closer to the 610-612 levels . Until then, I’ll...
I’m keeping an eye on potential shorts as we head into the new trading week. A double top (inverse W) pattern seems to be forming here, but I’m waiting for confirmation. Specifically, I want to see a strong push below the red liquidity zone and some consolidation along the negative trendline before entering any short positions.
On the flip side, if we see a...
Since there is large selling pressure at the current level, but not enough price action (yet) we can assume that there is a sell side sentiment for the market to correct itself before a higher push for the upside (i.e. there must be consolidation to the downside before bullish sentiment can resume).
Additionally, due to the mixed news with the Fed vs unemployment...
MARA should move with the trendline as seen by last week. However, if there is enough momentum with the bulls, there could be a huge breakout towards the upside. Turning the bearish trend into a bullish support line
Looking at history and previous chart patterns, this seems like an interesting outcome for $SPY to develop. So far, idea is staying true and confirming support/ resistance trends. I appreciate any criticism or thoughts on this idea!
