We may have a small window of opportunity going LONG....?
NDQ100
Price is clearly bearish however I haven't been able to capitalize any shorts due to price just dumping and dumping with no real clear sign of entry IMO. However we may be in business for a small window of opportunity going Long...? Hear me out!
1) Price has broken under this Minor Level of Resistance that was clearly previous support in past $16413.50 on the 4Hr (Highly Important because HTF is KING)
2) Price swept liquidity to the downside mitigating a huge 4Hr indecision (doji candle).
Now Here is what I am looking for.....
1)If Buyers can push price back above this Minor Level of Resistance on the 1Hr timeframe and close above the level of resistance $16413.50. In which will indicate bulls are present for the time being. I will be interested in going long targeting this unmitigated 4Hr supply zone.
2) Key note; I need to see price close above $16413.50 on the 15&30m candle stick in order for to me consider entering the market.
3)Price needs to also be trading above the Green V-Wap.
Now we wait and stalk like the saltwater croc.....
#BHM500K
Price is clearly bearish however I haven't been able to capitalize any shorts due to price just dumping and dumping with no real clear sign of entry IMO. However we may be in business for a small window of opportunity going Long...? Hear me out!
1) Price has broken under this Minor Level of Resistance that was clearly previous support in past $16413.50 on the 4Hr (Highly Important because HTF is KING)
2) Price swept liquidity to the downside mitigating a huge 4Hr indecision (doji candle).
Now Here is what I am looking for.....
1)If Buyers can push price back above this Minor Level of Resistance on the 1Hr timeframe and close above the level of resistance $16413.50. In which will indicate bulls are present for the time being. I will be interested in going long targeting this unmitigated 4Hr supply zone.
2) Key note; I need to see price close above $16413.50 on the 15&30m candle stick in order for to me consider entering the market.
3)Price needs to also be trading above the Green V-Wap.
Now we wait and stalk like the saltwater croc.....
#BHM500K
Comment:
Price Covered lowered pricing into that Large 4Hr indecision candle (doji) now making its way back up toward that minor resistance level $(16413.50)
Comment:
I want to see this 1Hr High get taken with a 15m candle closure above resistance Then ill be ready to enter Long., Targeting the above 4Hr Supply zone...Roughly a 1000 point move.....Lets wait and see what Price gives us
Shalom+
Shalom+
Comment:
Sellers Swept the low of this 4Hr Indecision candle to the left and took off towards yesterdays London & NY High. Now I want to see Price break and close above Minor resistance level $16413.50. Then I'll be interested in entering a LTF confirmation entry Long targeting above 4Hr Supply Zone! This may be a play for next week. My Goal is to secure +2.5% Return weekly.
Shalom+
#BHM500K
Shalom+
#BHM500K
Comment:
The Nasdaq100 is currently in a great set up for either Long or Short IMO. If price can break over minor resistance level $16413.50 then I will be interested in going Long targeting 4HR supply zone above. Now contrary if price breaks below pricing $16179.90 Then i'll be interested in going short targeting the below 4Hr Demand zone. I'll be paying very very close attention to this asset.
Comment:
We got the break and close above we were looking for!! Now let's wait for the Tag and Management!! No sweat lets trade our system!!!
#BHM500K
#BHM500K