LiquidityTracker

LiquidityTracker

Entered on a strong reversal candle. Target near second resistance level 1.51683

LiquidityTracker

Price presented more than one bullish candle formation in the past week. This last candle is engulfing 5 of the previous candles with volume behind it.

LiquidityTracker

Reason for entry: Bullish engulfing candle. Sellers tried to push the pair down this morning after retail numbers but failed.

LiquidityTracker

Criteria selection: Pair started to print higher highs and higher lows on 4H time frame. Trade entry description: I wanted to enter the on a pullback closer to the .78187 zone. Originally I had a buy limit placed in the .78187 area, the buy limit did not trigger. My decision enter the pair was after it had formed a long wick with a successful test of the...

LiquidityTracker

GDX has been in consolidation for the past few days. Looking for a break above 18.66. Scaled in 50% of my position at these level. Will look to add to the position if it can break above 18.66

LiquidityTracker

LE breaking out. Entered position closed to breakout level. Stop below candle

LiquidityTracker

Entry on a trend line break on 4H.

LiquidityTracker

Reason for entry: Breakout and confirmation of the trend line break. Targeting the gap closure near the highs. Placing a conservative stop below the 5 day low.

LiquidityTracker

IWM is still in an uptrend. Its producing higher lows and higher highs so there is no reason to sell yet. I did notice that momentum is slowing down. There are two indications on this chart. 1) The break of the initial trend line (green dotted) 2) The appearance of a new trend line (green) with decreased slope 3) The appearance of divergence between the higher...

LiquidityTracker

Currently SPY is testing the trend line. Lower targets are: 2 Gaps and the Lows of the month. I got short above the blue trend line, but I will be very quick in closing my position if I see a higher high in the coming days. Keep it simple.

LiquidityTracker

We are still in an uptrend on the 30 min. No reason to sell A break below that trend line may be a reason to take some profits off the table. When it breaks below the trend line, I will be looking for any evidence of a higher low. Have a plan and keep it simple!

LiquidityTracker

SPY is currently trading above a key trend line that has defined this market correction. A massive V shaped bounce is underway. This chart attempts to show what the possible scenarios are in the cards going forward. There is quite a bit of overhead resistance going forward, but resistance is only potential resistance. Also pay attention to gaps in the 190.5 and 187.

LiquidityTracker

SPY is nearing an important trend line. Observe how price behaves near this trend line. This may be a potential area of resistance. Here are the scenarios: 1) Price tags the trend line, reverses and forms a new lower high on 30 min. (Bullish constructive action) 2) Price tags the trend line, reverses, sellers jump in aggressively and we get a retest of the lows.

LiquidityTracker

Key breakdown level is being tested at this point in time. No reason to short the market until we see evidence of weakness on the lower time frames.

LiquidityTracker

Looking for IWM to form a higher low on the 30 min time frame and hold the breakout above 106.52.

LiquidityTracker

Entered DDD 41.68. Target 47 Stop 39.27.

LiquidityTracker

Watching the weekly uptrend line. For clues on a possible short term buying opportunity.