We're recently rejecting off of a proven HTF Supply zone - Bulls are pulling back in order to recapture buyers at the Demand levels below. We are just finding some bullish reaction at a HTF demand zone but need confirmation of this holding up by looking out for our LTF flip zone and turning that bullish. From there, we are given a trade opportunity up to HTF...
ASTS has had quite a few months, similar to many in the "future" sectors. Been looking out for a return to this demand level after another rejection from a clear supply zone and resistance at the $29 level. Lots of sellers up there but lots of buyers down here - let's see if we can hold here and we should know fairly quickly because if the buyers are here, they...
Yesterday's strong reaction at what was setting up to be a strong buy area for buyers was further confirmation of this chart setting up for a reversal - at least in the short term. While the upside is clear here, we do have a ton of work to do to overpower sellers at the established HTF supply zones above. Expect a continuation toward $31 supply if we can flip...
This chart emphasizes the technical analysis that fuels the market - by identifying liquidity levels and areas of clear support and resistance we can see clearly what both buyers and sellers need to do on a LTF in order to achieve their HTF goals and reach their targets. Both sides want to go in their respective directions however both sides need to give up rope...
I projected this resistance zone to flip after a deep-dig demand zone grab a few weeks ago. What I was looking for for confirmation was the LTF zone that we broke through 2 days ago to turn into support - and that's exactly what happened. I used that zone yesterday to enter calls knowing that we've done a good amount of liquidity building, buyers are present...
We are seeing basic market dynamics at work here on Celsius - clear return to HTF support and healthy patterns created in a LTF and HTF Cup N Handle. Volume as always is super important toward identifying where the actual support and resistance lies and the deeper knowledge of what it means to build a resistance level in order to then break it to propel us...
We were given an opportunity this morning to get a deep-dig into a large pool of buyers at a HTF Demand Zone. We are looking for and potentially seeing the strong bullish volume that we need for proof of this zone - and we have identified a likely area of resistance in the $13 range. If you weren;t able to get in at these $11 lows this morning, potentially best...
We see this HTF supply zone that we've been rejecting off of and creating LTF liquidity for a deeper demand grab. Essentially sellers are setting up for a push below the $48 neckline - to bring new buyers in for a potential HTF break of $55. We go down, to go further up. Right now, sellers are driving price up in order to add to our seller pool and bring price...
CAR dug deep to the $80 demand range to subsequently make the push toward strong HTF resistance at the $120 range. Right now looking for LTF demand zones to add to my long position to catch this push up. Current entries are looking at $105.50 & $102 for a strong reaction Happy Trading :)
I like to dumb things down with my students sometimes. All the algorithms won't help without the basic understanding of liquidity and supply and demand. In this video I try my best to outline how supply and demand works in the market and how we can see it at work at any point in the chart and on any time frame - in order to identify who is stronger at any given...
You'll start to see a theme here with my trading - Identifying HTF algorithms and waiting for price to prove them. Yes, i've been leaning to the short side as that's what the charts have been showing me but same rules apply for long trades just backward. Will continue to share analysis like this going forward but I cannot stress enough how important it is to...
Been preparing for this HTF level to be hit - consisting of both our multi-year white tapered selling point and our HTF tapered orange buying. The double whammy that acts as major resistance. This along with our current selling algorithm lining up (recent sell-side control) gives me a lot of confluence and confidence in a HTF short here. Will be playing this to...
Good to be back! As I mentioned, I'm going through a transition in my trading world and rebranding myself away from TraderDaddy and building out my own educational business and focusing on my personal trading and my clients development. Expect a username change in the coming days! I will do my best to be here as much as I can with you all through continued...
We've been watching this progression happen and there is no surprise about this breakout of our strong selling orange - we disproved orange by holding red - and that's what is "allowing" this breakout of orange to happen. Stay tuned for further analysis and keep watching for this progression on all charts and all timeframes! Have a great weekend all and Happy...
We are identifying a potential long trade on TSLA - However, unlike Friday (where our conditions to enter were not met), we are back in the same position after gapping up pre-market back into our yellow strong buying. We are looking for price to continue to respect our teal strongest buying algorithm and build controlled liquidity. Once we prove teal, we will...
Just going through some of the HTF opportunities I've been identifying for the past few days. Happy Trading :)
We are potentially seeing HTF taper signs with our red tapered selling. Lot more work to do for a HTF bullish breakout but this could be the start to start breaking out of strong selling (orange) and building liquidity in a more controlled selling manner
No trades clear to me on AMD as of now - I need to see some HTF algorithms proving themselves without any expectations. We do have a strong HTF buying continuation approaching but I would like to see some further tapering on the buy & sell side before expecting this to hold. Happy Trading :)