wallstreetninja003

wallstreetninja003

Price has been gravitating towards the volume imbalance on the weekly (Highlighted by the pink box) Upper Threshold: 4304.75 Lower Threshold: 4214.75 I will be using the lower threshold 4214.75 as my target for the buyside this week, if the price doesn't altogether crumble to the downside here. A NWOG has appeared (thick black lines) Upper Threshold:...

wallstreetninja003

The Weekly Time Period has formed a BISI. I expect a tap into the BISI and therefore a likely small retracement to the downside. The targets market in the golden lines by the Weekly BISI levels. However, it is important to consider that price has been very bullish so it is important give them the respect and be agile and precise in your moves. Keep the powder dry...

wallstreetninja003

The market fulfilled our previous week objectives and has been running for the buyside. It is important not to chase price in these kind of environments. A close on the daily above the weekly orderblock is significant and implies a break of structure. We are anticipating more buyside to sought for this week but only after a retracement. I am looking to buy at the...

wallstreetninja003

News Embargo No major news events Monday and Tuesday Wednesday: Manufacturing PMI at 10 am NY, not a market moving event but suitable for slight price manipulation Thursday: Jobless Claims at 8:30 am' On the weekly chart we are right now printing at the Weekly Bearish Orderblock. The price did not seek sellside liquidity on the weekly. Therefore my bias still...

wallstreetninja003

Bias Remains Bearish Daily SIBI Upper Threshold: 4009.25 Lower Threshold: 3978.25 Price has created a NWOG which also happens to coincide with the bearish orderblock on the weekly time frame. NWOG Upper Threshold: 3963.75 Lower Threshold: 3947.75 CE : 3957 Low of the Weekly orderblock: 3960.75 Target 1 : 3898 Target 2: 3866

wallstreetninja003

Bias remains uncertain as news embargo can be used to switch directions. It would be very interesting to see what happens this week. The news calendar is as follows. Monday: No event Tuesday : CPI Report Wednesday: PPI Report Thursday: Jobless Claims Friday: Industrial Production However, there has been a SIBI formed on the Daily timeframe and that is where I...

wallstreetninja003

Weekly Chart Target: Golden Line 3919.75 Weekly Bearish Breaker Levels (Ideal Sell Levels): Upper: 4020 Mean: 4004.25 Lower: 3988.50 On the daily chart the price should be respecting bearish breaker the green candle formed within the upper, mean, and lower levels Upper: 4018.75 Mean: 4014.50 (rounded) Lower: 4010 A 4 hour SIBI has been formed ...