EIGHTCAP:NDQ100 Ill be very brief... In a nutshell this is what ill be looking for to go Short on this asset... ***If Sellers can push price down and break this 4Hr Support Level around ($17654.50) and we get "Candle Closures" below with strong conviction below pricing on the 30m & 15m candles and PA trading below the Red V-Wap, then I will be interested in...
EIGHTCAP:XAUUSD As we all the KNOW that GOLD & the DXY trade against each other. The DXY has officially broken a Daily Swing High indicating a Bullish Change of Character. Now we still have a Weekly Supply Zone above that hasn't been mitigated on the DXY and this will be the move I am looking to capitalize on for Gold Dropping Short...Here's what I see currently...
EIGHTCAP:XAUUSD I have a strong feeling we may be able to catch a great Short that can secure us a smooth +2.5-3R % depending on your overall skilled management level. Here are my reasons for considering Going short on this asset if we can see the following develop in PA... 1) Buyers have created an External Range Liquidity Trend on the Daily & 4Hr TF.... -Which...
EIGHTCAP:USOUSD I Have been watching oil very very closely over the last few weeks with a very bullish outlook. Here is my Narrative for Oil Pushing Higher going LONG. 1) Price has Officially traded higher than the daily EQ indicating (premium pricing) 2) I will wait to see how this current Bull Candle Closes on the Daily for further confirmation to truly keep...
EIGHTCAP:XAUUSD Sellers have held a strong resistance level around pricing of $2050.00/per troy ounce of Gold on the Daily TF. This has been a Major Key Level since around April of 2023 as you can see attached. Now here is my narrative for going short....Vibe w/me 1)Last 4 days Buyers have had no luck with pushing price past $2050.00. Indicating Sellers have the...
EIGHTCAP:NDQ100 Price is clearly bearish however I haven't been able to capitalize any shorts due to price just dumping and dumping with no real clear sign of entry IMO. However we may be in business for a small window of opportunity going Long...? Hear me out! 1) Price has broken under this Minor Level of Resistance that was clearly previous support in past...
EIGHTCAP:USOUSD (CFD) My Personal Narrative... Since March 1st, 2021 Bulls have Majorly & Heavily supported price around $66.50/per barrel, creating a huge jump in price every time Sellers drove price into those waters (trying many times over the last 2 1/2yrs with no success). So for exactly 2yrs and 10mos to date Buyers have been successful at #HODLtheLINE at...
NYMEX:CL1! Daily and Weekly Chart we are Clearly Bullish..... However we could see a huge Bounce Play from this Daily Demand. Whats your take on CL....? Higher Oil Prices in 2024? LMK what yu think i'm Neutral atp.... Shalom+ #BHM500K
CME_MINI:NQ1! I've been low-key staying away from this asset over last 2-3 weeks paying very little attention to it because it's a str8 BULL market, hard to catch entries IMO. However we may have a small window for this Short set up IF & ONCE price can provide the following.... 1)Price can break this 1Hr Demand Zone with candle closures on both the 15&30m....
COMEX:GC1! Reasons for me to go Short IF & ONCE price can provide the following...... 1) Price is currently trading right above the Daily Swing EQ Price Level '$2070.0' 2) Price is midway through a 4Hr Demand Zone. Current price is ($2071.8) *The Price levels of the 4Hr Demand Zone are ($2075.5 to $2065.50) Current price is $2071.8 3) Price is trading right...
Sellers did as I intended and broke a Major 4Hr Demand and Caused a 1Hr Change of Character to the downside. #HODLtheSHORT or NAW...? KEYS TO ENTRY; 1)Sellers broke a Major 4Hr Demand (MOST IMPORTANT) 2)Sellers broke Major 1Hr Structure Causing a 1Hr CHoCh 3)Price broke both though barriers with candle closures below on the 15m, 30m &1Hr timeframes. (VERY...
Sellers did as I intended and broke a Major 4Hr Demand and Caused a 1Hr Change of Character to the downside. Im interested in Going short from this 15m Supply level covering the High and targeting the next Minor Support Level (IMO) $2051.35.....(Simulated Acct TRADING) KEYS TO ENTRY; 1)Sellers broke a Major 4Hr Demand 2)Sellers broke a Major 1Hr CHoCh 3)Price...
Looking to see how this short plays out on GC......? Price Broke structure to the downside and closed below on the both the 30&15m clarifying (IMO) sellers currently have the stronger hand and are pushing price lower. Lets see if we can get a major Drop.......Shalom! #BHM500K
If Sellers can Break this huge 4Hr Demand and we get a candle close below pricing of ($2061.50) with enough conviction on the 30&15m and PA trading underneath the Red V-wap, then I will strongly consider going short targeting this Minor Support Level around ($2051.35). Roughly around a 1000 point move. Can easily pull a solid +2.5-3R depending on Stop size. Lets...