Trade Plan For 19th July, 2022
Hey, so it's still a short-term uptrend on the lower time-frame and long-term downtrend on the higher time-frame. it's a tricky one with LHs and HLs. the 11880 is creating demands with a HL at 11840. HL because the nasdaq100 is still trading above the previous lows at 11780. so with this imbalance going on, it's best to wait for a balance. my bias is currently short but might change if the market starts creating HHs past that LH on the 45 chart. like I said, "..tricky.."🤞🏾
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
Hey, so it's still a short-term uptrend on the lower time-frame and long-term downtrend on the higher time-frame. it's a tricky one with LHs and HLs. the 11880 is creating demands with a HL at 11840. HL because the nasdaq100 is still trading above the previous lows at 11780. so with this imbalance going on, it's best to wait for a balance. my bias is currently short but might change if the market starts creating HHs past that LH on the 45 chart. like I said, "..tricky.."🤞🏾
A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.
P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
Note
day 35..
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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.