Exciting MS Short Opportunity

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 our HTF yellow strong buying for initial profits and then further out to the bottom of our white tapered selling support.

Ideally we see a wick up to our orange tapered buying and will be seeking an entry on that ta at around the $104.90 level.

Keep in mind these are Higher Time Frame algorithms so this trade might take some time to develop (as my HTF short trades on AMZN and NVDA took a few days but ultimately moved beautifully in my direction).

Happy Trading :)
Nota
No entry as of yet - we are waiting for our HTF green tapering algorithm to be tapped wherein we will enter into some HTF puts. Ideally a strong push up tomorrow AM will set us up for a proper entry

Nota
We are finally approaching our HTF Entry algorithm on the HTF green tapering. Will look for a clear intentional move toward it, a rejection, and close back below our HTF selling algorithms.

istantanea
Beyond Technical AnalysisChart PatternsTrend Analysis

Anche su:

Declinazione di responsabilità