Dow and other indexes are showing strength. Looking for long positions. Targets are marked.
Retracement to test 400 price level, and a potential bounce to breach weekly highs.
NFP or not, I am taking this setup every single time. This is my bread & butter with a very high hit rate. Aggressive plosions here all day with a respectful SL.
No rocket science just my observation. I think price comes back down to 33800 level before days end. That may be the resting point before FOMC tomorrow
Reversal here? Price returned to fill biggest imbalance on the 1HR. Bias is still bearish. Taking a short near the top. SL 50 points current top on 1M.
No rocket science methodology here. Potential bullish channel. I took longs at the bottom this morning. Will take profits at the top of channel. Will leave some running in case price breaks through and Santa decided to bring us that rally. Caution for reversal back down.. SL's in place. Good luck. Godspeed! -
Fina trade this channel. Respect Risk. Keep it simple. The chop tomorrow is the only thing to be mindful off.
If this chart doesn't scream bullish, then idk. I'm trading BTCUSD long. Taking trades at average bounces. Trade safe. I think we see $20,000 this week, maybe higher. Good luck
Watch the highlighted levels. You saw it here first. If you must, wait until the 3900 level for a long entry. Good luck.
US30. This is my speculation for tomorrow. We might move higher overnight. I am expecting a retracement to 1H FVG candle, you can see it on 30M as well. We might fill all of it, might just touch a portion of it - however - I will not enter until I see upward acceleration. We might see a HUGE bears squeeze, therefore I may keep a portion of my positions running.
Here’s look what I’m looking for tomorrow and through the rest of the week. Price should fill FVG into 31350 area, then potentially return all the way down sell side liquidity. If it does, I have open new long positions. Fed speaks 4x tomorrow. Expecting volatility.
Respect risk. I am looking for a rebound to 31500, where if we start seeing resistance, I will open short positions.
We'll drop to that 1M/1H FVG zone marked at the 31550-31500 Levels. Then off we go. It might dip slightly below 31500 to trap more bears.
Overextended. Long overdue for a correction. Trash fundamentals. Slowing Chinese economy. Stock market pumping to bad data. Unrest all over the globe.
Overextended, due for a correction. Bad news from China. Tensions around Taiwan. Unrest all over the globe. Michael Burry empties his portfolio. Im taking this. Easy money and 1:6 if reaches profit target. Will long for long term play if the bounce doesn’t form new highs
Watch dropping M pattern develop on 30 min. I think we reached out peak by over extending out of the highlighted box. M pattern formed on the way down. Slight rebound to cover FVG and should next week extend further down
No need for the chat chitter. Here's the chart. Simple. Technical. Fundamental foundation as well. Happy profits. The new, the notorious, trader; Oleh