Bms
OFF THE DRIBBLE STRATEGY ICT BMS CONCEPTyou could simply time;
-liquidity purges followed by
-market structure break indicating incoming shift in MS
-retracement into relevant OB / 61-78 fib
-euphoric price run targeting counter liquidity
AND THATS A P.A TRADING STRATEGY
BMS, you guessed it, going down. NYSE:BMYA complex correction, looking to continue. Down we go. Seeking to test or break the floor first and then the two fib goals traced. Not financial advice.
Ms Analisys Still aiming for another retest on 4h demand before taking any action. Currently hoping for long at that level that should be 11380s level. Let's see how it plays out. Long target will be 11260 as previous resistence
XAUUSD - DropExpecting this pair to test the break and see how it play out.
#Covid-19 #CrazyMoves #BeCareful
Disclaimer: None financial advice.
USDJPY OSOKMonthly Bearish
price seems to respect every -OB
Weekly in retracement to the -OB mth
Which is in premium array
Equal highs to be raided
Creation of BMS
Looking for a BMS to the weekly -OB mth
RTO on lower tf and sell
BUYOUT CHATTER AND OPTIONS
Buying BMS 102017 45 C for around 3.00
seen some unusual options activity and heard news of takeout chatter on bloomberg
BMS - Head & shoulder formation Short from $48.17BMS coming out of an upward channel, and appears to be coming out of a previous Head & shoulder formation. It also has quite chunk of insider selling.
On the option side we would consider $50 April-17 Puts, last traded for $2
* Trade Criteria *
Date first found- March 7, 2017
Pattern/Why- Upward channel breakdown
Entry Target Criteria- Break of $48.17
Exit Target Criteria- $44.67
Stop Loss Criteria- $49.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
