dasalfrx

dasalfrx Updated 

Bias: Longs R:R 5:1 Confluences Macro Weekly - Previous 3 weekly candles supported ABOVE Q2 low key level at price zone 1900.00 4h - Double bottom market pattern above previous weekly low ~ indicating an exhaustion in bearish momentum 4h - Validated/Confirmed current BULLISH condition market on this timeframe ~ creation of a new structural...

dasalfrx Updated 

Bias: Longs R:R 5:1 Confluences Macro Weekly - Last week candle closed ABOVE Q2 high key level @ 15290.00 Daily - Break and Retest off of Q2 high key level (15290.00), this key level is also considered as a Daily Key level as well Daily - Previous 2 daily candles supported off of said key level 4h - Fair Value Buy Side imbalance Gap filled...

dasalfrx Updated 

Bias: Shorts R:R 4:1 Confluences Macro Weekly - Multiple rejection candles off of monthly key level 186.000 price zone 4h - Market structure broke BELOW consolidating structure and is now retesting previous structural low ~ validating the now current bearish condition market. 4h - Fair Value Gap sell side imbalance filled with encroachment area being...

dasalfrx Updated 

Bias: Longs R:R 3:1 Confluences Macro Weekly - Previous candle broke ABOVE Q2 High key level @ price zone 15290.0, current week candle retesting said key level. Daily - Q2 high (15290.0) is also considered as a Daily Key level as well. With that being said, this is a structural break and retest off of said Q2/Daily Key level (very...

dasalfrx Updated 

Bias: Longs R:R 4:1 Confluences Macro Weekly - Break and Retest off of Q2 High key level zone @ price area 4460.0 Daily - Structural retest off of said key level (Q2 High) this key level is also considered as a Daily Key level as well Daily - Daily Fair Value Gap filled and encroachment area retested from yesterday's candle 4h - Timeframe Fair...

dasalfrx Updated 

Bias: Longs R:R 7:1 Confluences Macro Weekly - Last week candle closed ABOVE Q2 high key level at price zone 34450.0, current weekly candle retesting said key level Daily - Past two daily candles filled a Fair Value Gap buyside imbalance and retested the encroachment area Daily - Structural retest off of Q2 High key level (34450.0) as this key level is also...

dasalfrx Updated 

Bias: Shorts R:R - 4:1 Confluences Macro 3 Month - Current Quarterly candle rejecting Q2 High at price zone 4460.0 Weekly - Previous two weekly candles pulled back and retested price zone 4500.0 Weekly key level 4h - Trading in a current Bearish market condition Micro 15min - Yesterdays US session zone used as entry zone 5min - Timeframe used...

dasalfrx Updated 

Bias: Shorts R:R - 3:1 Confluences Macro 3 month - Current Quarter candle rejecting Q2 high @ price zone 34500.00 Weekly - Price action rejections off of weekly key level and previous high @ price zone 35000.00 Daily - Previous candle closed below Q2 high (translated from 3 month rejection candle) 4h - Currently trading in a bearish condition market Micro...

dasalfrx Updated 

Risk/Reward TP1 ~ 3:1 TP2 ~ 7:1 Confluences Macro Weekly - Timeframe support off of a Monthly/Weekly key level at price zone 12100.0 - 12000.0 4h - Downtrend trendline has now been broken and is now currently retesting it, an indication of a market condition transition from bearish to bullish. 4h - recent market structure high broke past previous structural...

dasalfrx Updated 

Risk/Reward TP1 ~ 4:1 TP2 ~ 7:1 Confluences Macro Weekly - Double bottom market pattern supporting above price zone 10700.0 Weekly key level and psychological level, both lows tapping into said key level. Daily - Strong break and retest off of another key level and psychological level found on price zone 11600.0 4h - (following the trend) currently for this...

dasalfrx Updated 

Risk/Reward 5:1 Confluences Macro Weekly - Previous Week candle closed above 1915.000 Weekly key level Daily - Previous Daily candle closed above said weekly key level (1915.000) is key level zone is also the previous week's high Daily - Initially, after rejecting both said weekly key level and previous week high twice throughout the week, yesterday's candle...

dasalfrx Updated 

Risk/Reward 4:1 Confluences Macro Weekly - Multiple candles rejected price zone 161.000 Psychological level/Weekly key level, this level also being the previous week high Daily - Previous Daily candle heavily rejected the said weekly key level of 161.000, as well as closing below 159.500, A Daily key level. 4h - Market condition on this timeframe transitioned...

dasalfrx Updated 

Risk/Reward 5:1 Confluences Macro Weekly - Las week candle closed confidently above 1903.500 which is a major weekly key level zone Daily - Yesterday's and todays candle(s) both supported off of said key level weekly key level of 1903.500 4h - Strong recent bullish run from last night London session. Indicating a transition from a bearish market condition to...

dasalfrx Updated 

Risk/Reward TP1 ~ 3:1 TP2 ~ 5:1 Confluences Macro Weekly - Market timeframe rejecting a key weekly structural low @ around price zone 1920.500, ***NOTE that this area is NOT NECESSARILY a weekly key level zone BUT, should be aware of it. Daily - Price action indicated that bullish exhaustion is present in the market. Due to the previous daily candle rejecting...

dasalfrx Updated 

Risk/Reward TP1 ~ 3:1 TP2 ~ 6:1 TP3 ~ 9:1 Confluences Macro Daily - Previous Daily candle closed BELOW a Daily Key level and Previous Week high @ price zone 11530.0 Daily - Break and Retest off of recent consolidating structure, bottom structure of the consolidating area is ABOVE the said Daily Key level at said price zone of 11530.0 Micro 2h - Double top...

dasalfrx

Technical analysis thesis: After a huge bullish run from the events of last week, there will more than likely be a correction or retracement throughout the week coming into the 3rd week of the year. (Jan 16 - Jan 20) If not, then NAS100USD will continue to push price into the range of 12000.0, with this area being a major psychological level for NAS100USD....

dasalfrx Updated 

Risk/Reward 6:1 Bias: Longs Confluences Macro Daily/4h - Overall Bullish market condition on both timeframes. 4h - Structurally, Gold has now finally broke past the consolidating structure from earlier this week during last night's Asia and London session(s).(Gold has been bouncing in between zones 1880.000 and 1870.000 since Monday). 4h - Market structure...

dasalfrx Updated 

Risk/Reward 3:1 Bias: Shorts Confluences Macro Daily - Market heavily rejected price 161.000 this price zone being a Daily key level as well as a psychological level. 4h - Repeated rejection price action found on this timeframe from said Daily key level, consolidating BELOW 161.000 price zone. An indication that Bullish momentum is fading away from the...