September Gameplan Down Month To Sweep Lows B/O ATHs
September I am going to look for bearish trades in line with these three peak wedge formations.
I am looking for 46,000 to possibly be the high of month
What I am seeing is a build up before the break out of all time highs. I believe the market will make one more dip down to the 43,000 area before the breakout.
The biggest clue was August 22nd's exhaustion bar.
Another huge clue is the start of September is a holiday at the top of the wedge and the start of a new month. New Month, New Timing Cycle.
How I will be playing September:
I will limit myself up to only 10 trades
One trade per Daily Candle when Initiating a trade
120 tick stops
480 tick targets
4 to 1
Hold overnight until stop or target is hit
Aim for a 40% win rate
4 wins 4*4=16
6 losses 6*1=-6
Net +10R
I am looking for 46,000 to possibly be the high of month
What I am seeing is a build up before the break out of all time highs. I believe the market will make one more dip down to the 43,000 area before the breakout.
The biggest clue was August 22nd's exhaustion bar.
Another huge clue is the start of September is a holiday at the top of the wedge and the start of a new month. New Month, New Timing Cycle.
How I will be playing September:
I will limit myself up to only 10 trades
One trade per Daily Candle when Initiating a trade
120 tick stops
480 tick targets
4 to 1
Hold overnight until stop or target is hit
Aim for a 40% win rate
4 wins 4*4=16
6 losses 6*1=-6
Net +10R
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.