See ya at 9.6k wyckoff style xo

9.6k not off the table

Note

Possible timeframe delay until late evening / weekend but appears to be a safe short as LPOS is forming up nicely

Note

Note

Beautiful so far. Reached first TP. I wouldnt expect much more until tomorrow though we could form consolidate slightly lower for a SOW over the weekend.
Good night for now

Note

Heavy bids at 11460
I have reentered my short with TP 11470
Will reassess tomorrow

Note

Tp reached decreasing leverage to 10x reentering short here. TP: 11111, 10150, 9666

Note

Ok, everything continues to look like its on its way to Accumulation and I still believe this is giving strong signs for further downside to the 10k 9.6 range.
Therefore; if you got in above 11800 as I did, bring sl to 11750 or entry.
What I have previously drawn I think is slightly out of proportion and I will repost one shortly.
TP1 10
TP2
TP3

Note

TP1 1111
TP2 10150
TP3 9666

Note

Final thoughts, use good risk mitigation. A push above the 1hr 21 and 100 EMAs will see us retest 12200 and push higher

Note

Gap down delayed.. maybe next weekend.
Meanwhile there is a local triangle formed which we are at the top of. Easy short to 11400 range.

KarlosMatos

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

KarlosMatos