LegendSince

YM - Weekly Range Attack

Short
LegendSince Updated   
CBOT_MINI:YMM2024   E-mini Dow ($5) Futures (Jun 2024)
We kept it short and sweet last week and my short term projections delivered just before reversing to current price now @ 40,140.

YM trading back into the median of the weekly range is still considered as a healthy retracement in a overll bull market.

It's also in-line with ES short term shorts.

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Trade closed: target reached:
40317 daily buy stops was raided before my projection formulated.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.