Trade Plan For 22nd June, 2022
Yesterday the bulls cane in and took us to 11681 which was the next level. That was cut short when the bears came back after that double top and LH with a BOS. The market is currently trying to break past the 11419 Hl support. If that happens then the bears will be taking over. For today’s trading, i’ll wait to see if 11419 breaks and a new Lh and Ll will give me my sell bias. There’s also the bearish wedge (see chart for details). Lhs on the 4hr as well.
P.s: For the bulls to come back, I’ll have to see a proper break past 11681 with HLs for now, there’s nothing.
Next level for bears: 11331 & 11294
Next level for bulls: 11700
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
Yesterday the bulls cane in and took us to 11681 which was the next level. That was cut short when the bears came back after that double top and LH with a BOS. The market is currently trying to break past the 11419 Hl support. If that happens then the bears will be taking over. For today’s trading, i’ll wait to see if 11419 breaks and a new Lh and Ll will give me my sell bias. There’s also the bearish wedge (see chart for details). Lhs on the 4hr as well.
P.s: For the bulls to come back, I’ll have to see a proper break past 11681 with HLs for now, there’s nothing.
Next level for bears: 11331 & 11294
Next level for bulls: 11700
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
Note
Day 16 plan.
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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.