Trade plan For 14th July, 2022
there’s currently an imbalance in the market and that’s the HL at 11650 in a downtrend. after yesterday’s gap and all, the bulls might have a reason to be back. however, downtrend-shorts, looking for shorts till a change in trend (market breaks past a LH). double-top with LHs is a good confluence for sells however when a HL is involved, you might what to see if the HL actually breaks for this sellers to continue.
11650 is my mark. it breaks i look for shorts. if it doesn’t, then I’d be waiting to see if the LHs breaks for a change in structure..
A Daily Reminder:
avoid imbalances—HH and LLs or LHs 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!
there’s currently an imbalance in the market and that’s the HL at 11650 in a downtrend. after yesterday’s gap and all, the bulls might have a reason to be back. however, downtrend-shorts, looking for shorts till a change in trend (market breaks past a LH). double-top with LHs is a good confluence for sells however when a HL is involved, you might what to see if the HL actually breaks for this sellers to continue.
11650 is my mark. it breaks i look for shorts. if it doesn’t, then I’d be waiting to see if the LHs breaks for a change in structure..
A Daily Reminder:
avoid imbalances—HH and LLs or LHs 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
Note
smoothest move in pre-market for july 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.