Trade plan For 7th July, 2022
nasdaq100 broke out from its range and created a HH at 11947 and HL at 11825. if you recall, on 28th of june, 2022 she left a wick at 12120 (unfinished business) which i believe (🤞🏾) she might return to. she’s still in that short uptrend. the daily has its BUD (11200), HL (11400), DB, and NL at (12000-12200). all bullish. the LTF is still in that uptrend and a break past 11947 gives me a 41 points long opportunity. however if HLs 11825 and 11700 break then that would be a different story from the bears. bias changes if HL breaks. looking for longs after a second candle BOS at 11947-11995. my short comes in after HL 11700 breaks and 41 points to 11650. it’s not a sprint so, i’ll wait for these zones. bear it in mind that there’s still a BED on the LTF but no LHs yet. so that’s something to watch out for.. 🎈
A Daily Reminder:
after 11:30am gmt shutdown (no trades again for that day). avoid imbalances (weird structures), never trade the first candle breakouts always wait for the second..
P.S: Strategy— structures
Triggers— Lhs @ resistance and HLs @ support with BOS for 41 points.
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
nasdaq100 broke out from its range and created a HH at 11947 and HL at 11825. if you recall, on 28th of june, 2022 she left a wick at 12120 (unfinished business) which i believe (🤞🏾) she might return to. she’s still in that short uptrend. the daily has its BUD (11200), HL (11400), DB, and NL at (12000-12200). all bullish. the LTF is still in that uptrend and a break past 11947 gives me a 41 points long opportunity. however if HLs 11825 and 11700 break then that would be a different story from the bears. bias changes if HL breaks. looking for longs after a second candle BOS at 11947-11995. my short comes in after HL 11700 breaks and 41 points to 11650. it’s not a sprint so, i’ll wait for these zones. bear it in mind that there’s still a BED on the LTF but no LHs yet. so that’s something to watch out for.. 🎈
A Daily Reminder:
after 11:30am gmt shutdown (no trades again for that day). avoid imbalances (weird structures), never trade the first candle breakouts always wait for the second..
P.S: Strategy— structures
Triggers— Lhs @ resistance and HLs @ support with BOS for 41 points.
My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!
Note
day 27 o.i chart study
Note
what a week. still here. bearish signs everywhere but no HL breaks yet. 
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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.