Price is in a Premium on the weekly and daily. I suspect that we are in a bull market. NOTE-GU is showing more strength than EU due to breaking key highs, EU has not done that yet.
Price has been threading on the 50 level since Jan 25. Finally this week Price left the 50 level the energetic force. On Tuesday Price bounced off the .618. Price ran a sell stop raid to then bull run for the rest of the week wicking through key buy stops. Not quite breaking institutional structure however showing signs we might.
Week ahead idea If my bias is bull I want to focus on taking longs and reading if and where Price will short.
If the short meets my criteria of my model I might consider it, however I want to be adaptable to what price is delivering and sticking to my rules.
I suspect that we could see a raid on sell stops at the 50 level rebalancing Thursdays inefficient delivered Price. Setting up for a long.
That said Price has another ket buy stop that it could run to first part of the week. Be nimble-no more pre market look as it is creating this stiffness in my analysis. Building out the day from the perspective of this happens I will do that and if that happens I will do that.
Follow your rules as follows: -Liquidity is taken -Bias is bull-longs would be better sets ups -Macro entries only -Limit orders only-with placed price-stop loss-take profits with partials -Mark out measured moved ranges -MOG entries -first presented FVG entries -Trust your analysis -mark every trade win or fail Strength is built in discipline and paper trade only this week, until you can build your confidence again.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.