ES1! PM long opportunity using algorithmic levelsToday we'd seen beautiful reaction to algorithmic levels! +1/3 AWR acted as support after yesterday push above it and -1/3 ADR likewise! another confluence was D -M OHLC statistical mapping (tool) and H4 IFVG!
ADR is usually TRUE Support & Resistance! and most of the time we can use it within Higher Time Frame context. same goes with OHLC statistical mapping when we are bullish we use -manipulation! combining this with ADR/&AWR can be really helpfull!
Indicies
YM countertrend short from -M OHLC maanipulation!Beautiful example of algorithmic precision! Tapped -M D OHLC manipulation to the tick and then news spooled price to 1/3 ADR & +M D OHLC maanipulation (opposing manipulation where we also got opportunity go long!) This repeats every single week.
OHLC manipulation + ADR really often stop the "Judas Swing" alias fake move against orderflow
and tends to reverse there! then we can target opposing manipulation or another ADR!
THE MOST Bullish chart you will see today!Is of the Shanghai composite.
A beautiful HVF is nearing pattern triggering,.
Early accumulation is probably warranted!
Isn't now the most bearish FUD, over the Chinese economic miracle you have ever seen in a lifetime.
The chart is telling a different story of consolidation of its extreme growth and continuation of it's remarkable rise.
A quadrupling on the index means some of the underling securities will yield life changing gains.
I haven't done any due diligence on individual names
But an #ETF to keep an eye on is #KWEB
Which is a basket of Chinese internet stocks.
DJ30 has a strong bullish momentum, could it rise further?Price is falling towards a support level which is an overlap support and could potential bounce from this level to our take profit.
Entry: 39,358.62
Why we like it:
There is an overlap support level.
Stop loss: 39,078.47
Why we like it:
There is an overlap support level.
Take profit: 40,012.33
Why we like it:
There is a pullback resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Potential bullish rise?DJ30 has broken out of the resistance level, which acts as an overlap resistance, and could potentially rise to our take profit target.
Entry: 39,358.62
Why we like it:
There is an overlap resistance level.
Stop loss: 39,078.47
Why we like it:
There is an overlap support level.
Take profit: 40,012.33
Why we like it:
There is a pullback resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.