Whats up traders hope everyone had a great week and didn't allow Friday to rob you!
It's important to keep in mind that Wednesday to Friday are our primary reversal moves usually originating at a Peak Formation High or Low. What many traders refer to as a V Pattern.
If we take a look at this 45 Min Chart we can see that the highs of a prior 45 Min Imbalance which was the laser focused target since the start of the week.
Something I challenge all traders to do is truly focus on price and notice the significance it has over your technicals. First price then patterns.
If you truly think about it the best of the best traders or funds in the world have a plan for every trade prior to execution. Therefore the charts simply reflect a predetermined reaction based on price.
Notice our key POI's for NAS This week. It was a short Ping Pong Game with Bears taking the W This week!
Take care traders feel free to message me with any questions.
It's important to keep in mind that Wednesday to Friday are our primary reversal moves usually originating at a Peak Formation High or Low. What many traders refer to as a V Pattern.
If we take a look at this 45 Min Chart we can see that the highs of a prior 45 Min Imbalance which was the laser focused target since the start of the week.
Something I challenge all traders to do is truly focus on price and notice the significance it has over your technicals. First price then patterns.
If you truly think about it the best of the best traders or funds in the world have a plan for every trade prior to execution. Therefore the charts simply reflect a predetermined reaction based on price.
Notice our key POI's for NAS This week. It was a short Ping Pong Game with Bears taking the W This week!
Take care traders feel free to message me with any questions.