TreyHighPwr

Can the HOUSE CAPITALIZE on this GC Future Short...?

Short
TreyHighPwr Updated   
COMEX:GC1!   Gold Futures
GC1!

YOO family....I hope all is well>>> Lets Chop it Up and Go over this Future Short...
Here are the few things I will need to see in PA before I enter SHORT...

1) On Friday Feb. 23rd Buyers pushed price up nearly 200pts during both session combined London & NY and Entered a major a Daily Supply Zone. Sellers held resistance inside the Daily Supply around Major KEY LEVEL ($2050.00) AND immediately pushed price back down...
2) Now If sellers can stand their ground and HOLD ($2050.00) as Major Resistance and push price lower breaking demand then we may be compelled to go short...
3) I want to see Price Drop $10.00 trading back down to ($2040.00) and break that minor level o/support and enter the 30m indecision candle CPB Demand...
4) Now IF I can have it all my way!! I want to see the CPB demand fail with at least a 1Hr candle wick below and then I'll be very interested in going Short. *Catching the Retest of Support Level that failed around ($2040.00).
5) Now even if the CPB Demand doesn't fail and pushes price back up into the support level that failed around ($2040.00) then I will still enter Short as long as long as we can get candle closures on both the 30&15m candle sticks inside the CPB demand & under failed support level. Then I will enter short on the retest...***I need to price to close under support though on both the 30&15m candles! Very very important factor and also price needs to be trading underneath the RED V-Wap as a final cherry on the top confluence to enter...
7) We also have a Major iR/LQ Trend that needs to be swept to the downside on the 4Hr TF
(which will be the move I am looking to capitalize on...) This is also why I believe the Market is getting ready to go short, to rebalance itself out...Remember Buyers and Sellers both have to have fair play! The market has imbalance currently to the upside that buyers have created and now we need to sellers to come and participate to rebalance the market and create fair play for both parties...
6) Now if we can see the following Play out in PA stated in the steps above, then I will look to target the next Daily Support Level around ($2028.5). Roughly around 115 points... We can easily catch a solid +2-3R % gain depending on your management system...

***Remember nothing is set in stone, This is simply a Short narrative I want to see play out. That does not mean that it will because play the game of probabilities... However I am very confident in my reading of PA...
Now lets sit back N stalk like the saltwater croc!
#BHM500K #NewERA
Comment:
Lets stay focused as this asset is approaching our key zones for confirmations...
#BHM500K
Comment:
We have officially gotten all confirmation that we needed to set Limit and take this Short. Now lets sit back N wait for the Tag and Manage as professionals. Remember we play the long-term game of probabilities. Lets remain focused and remove all emotion N Trade the system... -Management500K
Comment:
We got the TAG...Now Ima Manage as a Professional...
#BHM500K
Trade active:
We're Still Holding....
Trade closed: stop reached:
Great Trade. We were properly risked and managed well. Stops unfortunately were hit. All good! This is a game of probability, NO EMOTIONS we simply trade the system! On to the next trade...
#BHM500K

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