HollywooodTrades

HollywooodTrades

Self explained move when you understand time based charts and how they need to rebalance based on a new candle correcting the one way motion of a previous candle. We are free to allow this new quarterly to either drop to a new low below the current low or just meander in the middle of the range. We prefer one way motion all the way towards the low at this point...

HollywooodTrades

As you can see on my markups, these are the meat of the bearish arrays. As DOW and S&P push into ATH deviations, it will bring NAS up through its resistance but there is a high chance that there is an institutional taking of profit before NAS reaches ATH. Keep your eyes on the ATH as draw until we get a daily bearish imbalance. This bearish block won't hold for...

HollywooodTrades

Not much to say here except watch what happens are deviation targets above. These deviations are derived from the sum total of down candles from the retracement period. We have reached the 2 Standard Deviation pretty easily. Seeing as how there are no highs to set TPs, we must watch to see which one of these cause an institutional taking of profit and then we...

HollywooodTrades

Already know we are bullish, we have a decent re-entry zone in the +BB/FVG I marked with the 🐮 However, as we know when a new HTF FVG is printed, IPDA will bring all the resting orders higher into the range between here and 50% of the new FVG. It's looking very clear from here. We love this type of one sided targeting

HollywooodTrades

I believe we will catch our next major bearish delivery from this $2420 mitigation. If we get any bearish activity in this range is is to be taken very serious as we push into the fib level resistance around 50%. We have just at current PA run the stops of any early bears and may be seeking higher stops to trigger anything leftover in the bearish continuation...

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HollywooodTrades

With 2 separate C.E.'s in position above and below the price, we'll most likely see a breakout of this zone in regard to these 2 levels Top Levels 1930.45 BSL 1928.52 1hr close 19.25.32 4hr close Mid Levels 1923.00 Current BiSi C.E. Low Levels 1920.64 Nearest wick to BiSi 1918.67 Price to balance BiSi 1916.15 SSL

HollywooodTrades

I believe the next few sessions on Tuesday and Wednesday will be down trending as gamestop is topped out on hourly indicators.