With bearish indices, and displacement in TSLA on H4 time frame the narrative was bearish sentiment from that point of interest. As soon as I saw rejection from the POI, I waited for confirmation of my setup in the 15m and entry on the 5m, with 1: 3.3 risk to reward. The RR target was based on the sell stops resting below creating liquidity with Previous Day Low...
Why to trust your setup? Today, even though the indices were bearish AAPL did not drop signaling strength in the asset and any retracement in indices meant that AAPL would soar. Based on the setup, the institutional orderflow was bullish, the higher time frame draw on liquidity was the Weekly Equal Highs and lower time frame confirmations of bullish market...
I had posted this trade idea last week and now its almost at TP. Bearish OF and we can see clear rejection from H4 SIBI and then price just trended lower to take out that wick from earnings.
Rejection from Weekly FVG. The run up earlier was to trade into the weekly fvg. With confirmation on H4 and 15m entry the TP was hit today.
META took out PDH as buystops with fake move for higher prices trapping all long traders. After buystops were taken out, H4 and H1 Po3 along with 15m rejection plus 5m MSS with FVG +breaker gave a beautiful setup to target the low of the day so far. Even if indices are trending higher it depends on the particular asset for short term moves regardless of what...
The swing short trade idea posted earlier has hit its TP, final target was hit and all positions were taken off. I still think MSFT will trade lower given that Nasdaq is bearish. If you followed this idea congratulations.
Bullish orderflow, invalidated the bearish 15m FVG and had clear draw above with Equal highs and previous week high. All positions exited, waiting for one to take out the previous week high. Trade was based on bullish orderflow, H4 power of 3 and invalidation of bearish FVG.
APPL stronger asset today and showed bullish order flow. Supported by H4 bisi and invalidated the bearish 15m FVG. This is exactly my model, as simple as it gets. Draw on liquidity was previous day high which obvious.
I am looking at this Short trade idea given that indices remain bearish. I like how NFLX is setup on the H4 and Weekly TF. Anticipating price to gravitate lower towards weekly fvg giving that short trade idea. Obvious factors that can influence the trade idea is the high impact news and sentiment of the indices.
Possible swing trade idea here based on price above WOP and rejection from H4 SIBI. We might possibly see flush down remainder of the week is my anticipation, however with High impact news, its necessary to be cautious and trade accordingly. This trade is already risk free for me.
Possible swing idea on MSFT, took it based off that H4 SIBI and above WOP for premium entry. Partials taken rest is risk off.
Taking CL longs here, based on my model that was posted before. Same setup, partials taken, rest will be managed accordingly. Support on H4 BISI, following same OF in 15m and 5 m confirmation entry.
This is exactly my setup and how price action shows it hands that my model is playing out. H4 BISI with 15m FVG supporting the orderflow and 5m SIBI being invalidated to take out that smooth highs.
Targeting EQH from H4 BISI. Bias was bullish with support from HTF PD array. Price manipulated and accumulated before expanding to desired target.
Based on H4 Po3, all partials noted and some already taken.
APPL Short trade idea, positions already taken off, only leaving a runner. Two positions in two different directions but technical analysis supports both ideas. NASDAQ and ES will play a role on which of these will play out first.
TGIF Setup targeting 0.2 and the quadrants within the 0.2-0.3. Partials and PT hit, leaving a runner.
Targeted 2024 high to be ran out, and higher. Waiting for MSFT