Right now I will be anticipating the high of the week being formed on Monday or Tuesday, with the ES trading lower toward the end of the week. Weekly objective of 3800. The market could show otherwise. Not trying to predict. Just trying to anticipate what the market will do at this point, given the range it has been trading in the past couple weeks.
BTC Intraweek price action while in HTF Consolidation. The precision that can be seen even in crypto is undeniable.
Possible pullback after nearest sell stops are taken.
I do think that ES is showing signs of weakness and this is my though process of what has happened and what has yet to occur at this point. Now looking for London to run the high formed today, then trade lower to run the sell stops
Expecting Stock Indices to trade lower this week. 4250
With price showing willingness to move lower, this is the current idea. Mostly for my records and review
Daily formed sing high. Looking for the low of candle 3 to be violated and price to move lower.
htf bearish, so scaling out a bit faster than usual at the breaks. 14542 first scaling. targeting 14582 and 14616.
Noticed my OB was incorrect and modified entry. Changed entry to correspond with the adjustment. Makes more sense. We’ll see what pans out
HTF bias for me is bearish on indices at the moment, but regardless, this is what I would assume to happen today. Let's see.
A move up today into the buyside liquidity seems likely. This is just for my own record and future reference.
My thoughts are on the chart. This is mostly for my record to get my ideas recorded and for my future reference and analysis.
As you can see, we are in a falling wedge and it looks like we have historically respected these support and resistance lines. The indicators point towards a price reversal, which is a bullish indication. Indicators aren't always correct though and market manipulation is a real possibility.