Trade Plan For 21st June, 2022
The market took a short break yesterday but the structures still remain the same. We have a short term bullish trend on the lower TFs and long term bearish trend on the higher TFs. Since i’m mostly trading the lower TFs my plan for today will be in that direction. Nas100 is still creating HHs and HLs with the new one (HH) at: 11447 which is also a previous HL level. If it fails to create an LL, Then I’ll looking for buys. However, a break past any HL will change my bias. Use the chart for reference.
Next level for bulls: 11570 & 11681 (if the market breaks past the HH)
Next level for bears: 11237 & 11126 (if the market breaks past the HL)
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
The market took a short break yesterday but the structures still remain the same. We have a short term bullish trend on the lower TFs and long term bearish trend on the higher TFs. Since i’m mostly trading the lower TFs my plan for today will be in that direction. Nas100 is still creating HHs and HLs with the new one (HH) at: 11447 which is also a previous HL level. If it fails to create an LL, Then I’ll looking for buys. However, a break past any HL will change my bias. Use the chart for reference.
Next level for bulls: 11570 & 11681 (if the market breaks past the HH)
Next level for bears: 11237 & 11126 (if the market breaks past the HL)
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.