After Trading in a small consolidation SPX looks to pick back up on its Bullish movement. - Price has broken and now retesting bearish trendline. -Price swept the lows of the liquidity and is now retesting the previous resistance of the zone. The Retest is taking place at the H1 lvl resistance 5,903 - Rejection wick with an inside bar pattern - There's a...
30 Has Fallen to a High volume trading area reaching the point of control that could act as a strong support, added There's also a strong Hidden Bullish Divergence on the RSI that gives great indication that we could see a rally up from this daily support lvl (42,300) back to the "trend line" break & previous structure low,(Filling the sell side imbalance -FVG)...
With Price action giving us strong rejection wicks at our area of interest, breaking through the Swing low (Break & Retest set up), along with sweeping buy side liquidity formed at the Daily support level. Price is poised for a pull back to the breaker block (Structure Low). If we receive a Bearish confirmation, once price reaches the Breaker Block. This would...
Price is on a Bullish Up trend In a Current Retracement. This Thesis uses several different concepts. Based off of Market structure, support & resistance, RSI Divergence, Fib lvl's, ICT Concepts, Daily: Bullish, Price is Rejecting Bullish TL and Testing structure , 61.8 prz (Daily Breaker Block forming) H4: Bullish, Morning star R Pattern at H4 lvl H1:...
Simple Entry. Just wait on your LTF Confirmation to Entry Price is bullish on the Weekly, Daily & H4 , Price is currently retracing to 1) Previous structure high, 2) Previous Resistance>support 3) Daily lvl, 5863, 4) 50% lvl (Not a prz) This is a prime zone for continuation. All Time frames are Bullish in Trend except H1. Wait for H1 to return and confirm...
Could we see a rally back to Structure break or Area of Interest??? -Price has broken through and retested Bullish Trend line -Price has broken through Structure Swing Low - LH Created Thesis: Wait for price to pull back to 1)Structure break or 2) Area of interest Notes: bearish run is rejecting Daily lvl 2558 W/ Massive rejection wick. 1) Rally...
I think we're in for a sell to the previous structure high. Obviously a "Counter trend entry" to ride until we return bullish. Just my Thoughts.....What's your opinion? Thesis: Bearish Bias break and retest (however either play is at hand). Wait for a break and retest Notes: Every Bull run has had a correction to the previous structure high. Following that...
Thesis: Waiting for displacement & retest of structure / previous resistance Notes: Wait for Strong Price action W/ Candle stick confirmation ... look for possible RSI Divergence Daily: Consolidation (Bullish Entry) Price hasnt broken HH or HL. support formed at 197.021 H4: Bearish ( waiting for HL to form to confirm ...
Notes: Possible descending triangle forming. look fore bearish sell to trend line/61.8/H4 lvl or H4 Structure point 50% prz/daily lvl 20,595 H1 lvl showing possible Bearish trend beginning LL & LH formed with Liquidity sweep just above LH Daily: Bullish H4: Bullish H1: Bullish Thesis: Price is bullish forming a descending triangle preparing for sell off...