i am still bearish.. but
We have not made a decent high yet, and if we are already on the way up going for further liquidity hunt to the upside is very opportunistic.
we have more good lows than highs on these moves (long wicks on bullish candles) and we're moving past previous point of control.
once we get to area value high the CME gap fills can happen.
I am still looking for a good short opportunity and waiting for price to inflate, i dont mind waiting.. price action will dictate my short.
in my chart i marked the good lows that brought more upside from them
When a decent high is made and a retest will be made either with a good higher high or a good lower high I will short on the retest.
my homerun would be below CME gap fill on my chart below these bad lows marked in teal.
55600 is my ideal level to long from and retrace to (0.786)
After this happens harmony exists and i think we can make an ATH anything before this whats happening now is manipulation in my book.
we have more good lows than highs on these moves (long wicks on bullish candles) and we're moving past previous point of control.
once we get to area value high the CME gap fills can happen.
I am still looking for a good short opportunity and waiting for price to inflate, i dont mind waiting.. price action will dictate my short.
in my chart i marked the good lows that brought more upside from them
When a decent high is made and a retest will be made either with a good higher high or a good lower high I will short on the retest.
my homerun would be below CME gap fill on my chart below these bad lows marked in teal.
55600 is my ideal level to long from and retrace to (0.786)
After this happens harmony exists and i think we can make an ATH anything before this whats happening now is manipulation in my book.
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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.