Once the price reaches above 13128.68, just above the intermediate high to clear out buy side liquidity, you should see the shift down toward 13000.79 but should get lower than 12942, but it might. but once it enters that price range, we should see the bullishness come out for the rest of the day. I have a feeling at the bell it will rush to that first high area and take most of the morning to go down toward the bullish level. Aroun 12:00 p.m. NY Time Fed Chair Powell Testifies and that's when we should see the price in that range shoot bullishly out of it.
Trade ist aktiv
Starting with the short Anmerkung
Took profits at 13094.29and moved my SL
TO BE
Anmerkung
Next Take Profit Level 13037.81Anmerkung
One thing I missed in my calculations was the mitigation block which it did hit and retrace up from that point. However, there is still a strong tendency that the price will stay below the opening or at leas not too much high than 13136.84. So if you want to take a second rounf of profits and have a tight stop loss is up to you. That is the way I am playing this. Trade geschlossen: Stop wurde erreicht
I'm out. Mitigation block threw me off. I still made profit as I protected my entry and took profits, but stil not as much as I wanted. Now waiting til Powel Speaks to see what kinda setup that make bring.Anmerkung
Ran above the intermediate highs. which I was expecting later so My analysis has changed. Anmerkung
Nailed the re-entry at 13000Anmerkung
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.