Trade plan For 6th July, 2022
in today’s nasdaq100, she has broken past 11750-11800 and created a HH at 11847. on the daily, there’s a HL at 11400-11377 which hasn’t broken yet meaning the bulls are still in control. The NL (neckline) for this DB (double bottom) is at 12000-12200. as long as the nasdaq100 is trading below this NL, the market is till long-term bearish and short-term bullish. Currently, the nasdaq100 is struggling between 11750-11825 a DT formed with its NL at 11750..
So, i’ll be taking buys after a second candle break of 11847-11897. However, a break past the NL of 11750-11700 brings about my sells to 11620. I’ll be watching every structure and neck-line just to make sure I don’t miss any. Watch the arrows on the chart they are my possible entry and exit zones.
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!
in today’s nasdaq100, she has broken past 11750-11800 and created a HH at 11847. on the daily, there’s a HL at 11400-11377 which hasn’t broken yet meaning the bulls are still in control. The NL (neckline) for this DB (double bottom) is at 12000-12200. as long as the nasdaq100 is trading below this NL, the market is till long-term bearish and short-term bullish. Currently, the nasdaq100 is struggling between 11750-11825 a DT formed with its NL at 11750..
So, i’ll be taking buys after a second candle break of 11847-11897. However, a break past the NL of 11750-11700 brings about my sells to 11620. I’ll be watching every structure and neck-line just to make sure I don’t miss any. Watch the arrows on the chart they are my possible entry and exit zones.
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
i.o for day 26
Note
bulls came back in. Holding my horses right now..[9:01 AM]
A break past 11847 and I start looking for buy entries. similarly, a break past 11700 and I start looking for sell positions.
Note
{update}
Note
and that’s how the nasdaq100 stayed consolidating even choppy for day 26 ended up taking no trades..
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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.