1:6R Potential Trade. Structural Low Continuation, Accumulation zone for the big boys. Targeting external range liquidity.
Market has been overextended, creating imbalanced market cycles to the upside. According to current distribution scheme, will be targeting beginning of imbalanced market move. #walking the dog #dog always returns
stops below 11-year-lows , targeting Full Recovery. Accumulate within reason, probably the trade of 2021 Thought Process : 1. Major Fear Stage in the markets, Rapid Imbalance Recovery needed to regulate market cycles. (people crying all over headlines, great time to accumulate) 2. Fundamentals intact (employee data, earnings data etc.) 3. Very Probable...
- Accumulation/Distribution study - Major Bull Pressure - Upside Liquidity buildup #conservativestopsbelow0.91000
- Psychological levels - Major supply pressure area - Momentum shifts - Distribution formation #rinseandrepeat
Long term hold short. - Psychological Levels - Momentum shifts - SMC distributions - Liquidity buildups #Micahelburryshorts