If Buyers Support & Defend $21K Major Key Level, I'll look LONG!

25 May

MNQ1!

Stick to the plan, Never doubt the process. -500K

Last week Bulls were met with Major RESITANCE as they pushed just slightly above Daily Fib. Level 78.5%. The Resistance Price Level is around $21530.00 that sellers heavily defended.

My intended Playbook; If Buyers can defend & support MKL $21K, I do believe they will purge the HIGH and head towards Daily Fib. Level 88.6% / Daily Imbalance Zone. The Pricing of these Level are around $21,949.50...

Overall My outlook is LONG this week on this Asset looking to purge the HIGH and head into more premium pricing. Daily Fib. Level 88.6 / Imbalance Zone

Remember when it comes to FRM (Financial Risk Management), our job is to MANAGE the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well an abundance of fruit awaits us.
#BHM500K

https://www.tradingview.com/x/LiI2bIPT/
https://www.tradingview.com/x/3ZCE11bT/

28 May

Not

Pa Headed Towards Daily Fib. Level 88.6% ? I don't think this 1Hr Supply will hold...

28 May

Not

Beautiful bounce play during NY session off of MKL Daily Fib. Level 78.5% now that price has broken into our POi HTF Imbalance zone we wait for Mitigation of 88.6% before we look SHORT....