Trade Plan For 29th June, 2022
this lady bled yesterday. after that lower-high (the snail) she created. she failed at creating a higher-high and the drop was incredible. today,the bears are still in the market and trading below 11777 and 11700.. it means this lady is currently bearish. a break below 11659-11642 makes for more selling oppurtnities. nas100 now making lower-highs (lh) and lower-lows (ll).
remember for the bulls to come in, the lower-highs need to break and the lower-low form a new low (higher-low).
lhs: 11706, 11753 and 11800
current lower-low: 11642 (a break below the current lower-low makes room for more bears)
if i get a break below 11642 then i'll look for short entries. however, if the lower-highs (11753 & 11800) break then my bias for shorts will change. "read disclaimer"..
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
this lady bled yesterday. after that lower-high (the snail) she created. she failed at creating a higher-high and the drop was incredible. today,the bears are still in the market and trading below 11777 and 11700.. it means this lady is currently bearish. a break below 11659-11642 makes for more selling oppurtnities. nas100 now making lower-highs (lh) and lower-lows (ll).
remember for the bulls to come in, the lower-highs need to break and the lower-low form a new low (higher-low).
lhs: 11706, 11753 and 11800
current lower-low: 11642 (a break below the current lower-low makes room for more bears)
if i get a break below 11642 then i'll look for short entries. however, if the lower-highs (11753 & 11800) break then my bias for shorts will change. "read disclaimer"..
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
possible sell plan for day 21.
Note
Thanks for joining. P.s: there's a bullish divergence so wait to see if there previous high break.. However, always move sls to entries after 21 points and risk 1% or even 0.50% of your account.Note
second candle turned out to be bullish with a third candle continuation. making that set-up invalid.
Note
second candle turned out to be bullish with a third candle continuation. making that set-up invalid.didn't get a trigger..
Note
New york triggered that.
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.
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.