We are in the second cycle on this medium term up trend. Price came to a favorable Risk/Reward area and we pulled the trigger.
We are in the second cycle on this medium term up trend. Price came to a favorable Risk/Reward area and we pulled the trigger.
Shorting the market we were waiting to see if the price wants to move higher. But after a whole day of not doing much just after a great rotation i decided to enter a short position. Lets see what the market gives us
Long term orderflow suggests a deep correction. H4 time frame gives us a good perspective of swing setups. Whit correction trading we always have to be alert and on our toes, because you never know for sure where will the market pivot. Probabilities are weaker, but some times the short and long term orderflow gives us a set up we just cant ignore Entry at:...
Market has re spoken waiting for price to confirm our analysis.
Good strong move of the bulls, area of correction consistent with analysis. Must be careful with our stops actually with entire management. With aggressive entry comes aggressive management.
I would expect a faliure in expectation and a new one on the short term. LETS SEE
The price was a little bit slow with achievement, but achieved anyway. gave a good rotation in a good area.
Bit late with the publishing. Took the trade on the move was looking at this area since yesterday, and price finally made a rotation i was looking for.
We shall see whats what...
Waiting for an opportunity to get involved
Reentered the short Entry at 25309 SL at 25370 Initial Target at 25198
Based on technical analysis of order flow and harmonic expectations shorting the Dow to at least test the lows, we'll see what will the price do. Util SL is hit or lows are tested time to sit on our hands...