Trade Plan For 27th-30th June, 2022
it's the final week for june. last week in nasdaq100, the bulls found their way past the accumulation phase after we got that bullish divergence and bullish structures (hl and hh). here's the big twist. the nas100 is still very much still in that long term bearish market. but never say, "never" becaue a lot can change in a week. i noticed somthing about "divergences" and how they can either mean a reversal or a pullback. in this case, this divergence might be just a pullback if the levels between 12200 & 12400 (12214-12292) fail to break. for this week, i'll be wtching that level to see if the bulls will continue. that determines my bias for the week (check chart for further study). have a profitable week..
A Daily Reminder:
“Stay away from the imbalance, mid-points and avoid the “damn NYC”..
P.S: Strategy— structures
Triggers— Lhs @ resistance and HLs @ support with BOS for 41 points..
After BOS, always wait for the second candle confirmation before taking a trade..
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!!! #Daily41
it's the final week for june. last week in nasdaq100, the bulls found their way past the accumulation phase after we got that bullish divergence and bullish structures (hl and hh). here's the big twist. the nas100 is still very much still in that long term bearish market. but never say, "never" becaue a lot can change in a week. i noticed somthing about "divergences" and how they can either mean a reversal or a pullback. in this case, this divergence might be just a pullback if the levels between 12200 & 12400 (12214-12292) fail to break. for this week, i'll be wtching that level to see if the bulls will continue. that determines my bias for the week (check chart for further study). have a profitable week..
A Daily Reminder:
“Stay away from the imbalance, mid-points and avoid the “damn NYC”..
P.S: Strategy— structures
Triggers— Lhs @ resistance and HLs @ support with BOS for 41 points..
After BOS, always wait for the second candle confirmation before taking a trade..
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!!! #Daily41
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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.
Related publications
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.