My Idea on USDCHF for pre market open is, I expect a little bit of protraction down , in to a fair value Gap, before it Rally's in to a BEARISH Order block , the I expect a pull back , and another impulse Bullish strength, to breaking the Order block, and hit the extreme Order block.
This is a 5 minute moving weighted average model of the Wednesday Intra-Day stock price for QQQ. The average looks at all Wednesdays for the past 12 months, and excludes any Wednesdays that fall on FOMC announcement days (those are a separate pattern). To calculate the initial model, I did a straight average of 11 months, then performed a moving weighted average...
Targets are developing Pivots purple lines. optimal entry at H3 which is not locked in and could change prior to UTC close
TSLA had an amazing last week, but we are seeing dips back to consolidation/support this week. Will be watching the chart to see where it breaks out of the structures triangle
Vwaps entries intra-day&Scalp made me +50pips down and +50pips up in less than 30 mins. Other traders would be waiting for 3-4 day swing I scalp in 30 minutes :moneybag: Z- distance good for trend reversal confirmation. The vwap areas using it's areas as support and resistance in the chart and for entries and exits.
EURUSD is slow ahead of FED, looking more and more like a triangle in wave B that suggests a push higher into wave C towards 1.0700 area. We know that triangle occur prior to the final wave within a larger trend, so we know that upside is going to be limited, ideally after the FED decision today at 19.00GMT. A Triangle is a common 5 wave pattern labeled...