ProphetTheTrader

ProphetTheTrader Updated 

Look like after price took out BSL at the PDH from 80.16 it has moved lower and has been targeting PDLs. There is a nice discount D BISI that I believe price will trade into and if price is truly Bearish then it will trade right through the D BISI CE level and find minimal support and then the next area of focus could be the double bottom at 72.70 Lets continue...

ProphetTheTrader Updated 

On Friday price made a nice Bullish run that took out the PDH from the previous two days and price closed above the D LV and D SIBI. Currently we have price wicking off the D LV and has traded higher cutting through the MT level of the -OB. If price can stay above that MT level then I can see price going higher and taking out the PDH from Fri Jan 17 2025 at...

ProphetTheTrader

My directional bias for Friday 17 January 2025 is Bearish with the Focus on price trading lower to fill in the BISI after finding some sort of support in premium levels. My Focus is the PDL at 21171.75 and then possibly the low of the BISI at 21143.75 for the discount draw on liquidity. I also like the fact that yesterday price wicked higher to clear the PDHs and...

ProphetTheTrader Updated 

I will keep my bias Bullish with the draw being the PDH at 80.16 Now price could retrace into the D Discount Wick into the CE level and then trade higher but my overall Focus is the double top BSL.

ProphetTheTrader

Looks like price has seen an impressive Bullish reaction today from the 0830 news drop that took out the past days highs that was housing a ton of BSL. Conveniently, price seems to be drawing into the D SIBI and is in close proximity to the High from Wed 08 Jan 2025. I can see price trading into the SIBI and finding some sort of rejection. Now to go forward...

ProphetTheTrader Updated 

My directional Bias for MNQ remains Bearish with the expectation on price to trade lower into the D BISI and take the SSL from the double bottom around 20640.00 I also like how price wicked the CE level of the D BISI that could indicate lower prices since price cant even make it through the inefficiencies 50% CE level. Now price may not make the move lower all the...

ProphetTheTrader Updated 

Watch 20845.75 & 20929.25 BSL as the raid on discount has occured and we can expect Displacement higher.

ProphetTheTrader

Looks like my Directional Bias for CL was off. Instead of price coming lower to fill in the BISI and take the PDLs it rallied higher through the Volume Imbalance and raided all the BSL. Now that wick higher on Friday did not stop at a random spot. Look closely and you will notice its the Premium Daily 50% CE level of the wick and price reversed nicely off from...

ProphetTheTrader

Price delivered precisely to the Daily Discount Draw on Liquidity which was the D BISI 50% quadrant at 20,875.75 underneath that nice triple bottom PDLs. Now the question to ask is does price justify staying inside that BISI or will price cut through the BISI and continue to reach for the SSL at 20,640.00? Lets continue to watch and see if price reverses or...

ProphetTheTrader Updated 

I have a Bearish Bias in play before the 07:00 Pre Session aiming to reach for the Fri 03 Jan 2025 at 21,144.25 and price could come as low as the 20,934.00 level which has the clean triple bottom SSL. The reason why I am Bearish is because price has made a recent rally into the D SIBI and found rejection at the 50% CE level on Mon 06 Jan 2025. Then on Tue...

ProphetTheTrader Updated 

I like the fact that price traded higher into a premium and found rejection off the Volume Imbalance 50% CE level as it clears the BSL above the PDHs. Currently price is trading inside the wick from the Mon 06 Jan 2025 and looks to have reached as low as the 25% quadrant level. My bias for CL is Bearish as I am looking at the two PDLs in discount above the...

13:03

ProphetTheTrader

Patience is one of the biggest things in trading that I have learned over the past 6 years. Never lose your composure always stay in control.

20:00

ProphetTheTrader

Changing knowledge to applied knowledge 1 step at a time because when your dreams are so big that it even scares you then you know your doing something right.

ProphetTheTrader Updated 

I believe DXY will be Bearish because it has already filled in the price imbalance and now will be targeting the lows at 101.297. Lets continue to watch what price does over the next couple of days.

ProphetTheTrader

We will be doing a top down analysis starting with the Daily chart. Daily: -Price will rebalance the price imbalance and then ultimately reach into the lows at 11491.25 level. -Overall bias will be bearish and now lets go into a lower time frame to see if we can get more clarification and see if we can possible get a sell entry. 1h: -If we take the swing...

ProphetTheTrader Updated 

Higher time frame bias is Bullish because for 2 reasons: 1. DXY has already filled in an imbalance high and should trade down to take out the low @101.297 2. NQM has already traded down into the imbalance but not filling it. Market should take out the previous day high resting @12797.00 Then we will look for the essentials in order for us to enter: -Raid on...

ProphetTheTrader Updated 

We have a Bullish higher time frame bias in mind and have a draw on liquidity at the 12945.25 price level. We are currently looking for a buy setup and are waiting to see what London session will give us. We will look back at the chart and get ready to hunt for a setup after 8:30am EST

ProphetTheTrader Updated 

Overall bias is Bearish which was derived from the higher time frame chart. Looking for the market to take out buyside liquidity and then show big displacement down taking out a short term low indicating a Bearish Market Structure Shift. Entry would be on the retracement into the price imbalance. Lets follow price along to see what happens and pay attention to...