SiAoZz

SiAoZz Updated 

<*Current Non Gold related*> Day of trade? :- Friday - probability of low volume Presence of Orange and above news/related? :- Yes - Red and Orange US related news Mental? :- 8/10 <*Current Trend*> Confluence at H1 upon seeing chart? :- Bullish Current status? :- Bull, pullback going sides Scenario 1 ----------> What kind of trade? :- 1) Waiting for...

SiAoZz

As per comments taken at trade. Things to note: Overall confluence/Trend: Patterns: Recent price structures formed: The Whys to taking the trade I'm taking Entry price: 1901.53 TP/SL: 1904.54/1899.15 Improvement points: - expected trend to retest highs, should have stretched TP more if the initial thought process was clear.

SiAoZz

Gap up due to news on positivity on market share. Involvement of company centric into mainland China. Expansion into key EV markets Signals of positive management as background. Upsides: Gap up into range. 1HR held despite inflation woes hitting market. Downsides: Pullback and back down into swing. TF played on a higher TF, potential risk for volume/market...

SiAoZz

Downsides: After-hours trading which is riskier than normal trades. Potential pullback to 12 which makes this setup more risky Upsides: Market is being pulled up through AMZN's cloud computing businesses which is a sub-factor of PLTR business direction. Triple bottom if it dips to 11.9-12.3 range (signifying buying strength).