Nifty about to TRAP longs... Bullish? Think AGAIN!

13 feb

Hello traders!

I'm looking at equal lows/sellside as the draw. My narrative is that we would take out any longs remaining with BUYSIDE at 23144.70.

If we gap up above buyside, which is what I expect, it would be an easy day for shorts.
If we gap down, we may see a rush up to buyside and then take the move forward to SELLSIDE at 22786.90.

But whatever the gap scenario is, my draw remains towards 22786.90...

GLGT!

Not financial advice.

13 feb

Nota

Tape reading to see if market pushes down from here without tapping into 23197... Smooth highs appear vulnerable and plus 23197 on top... Prefer those highs to be violated first but the displacement will tell us if the time is right or not...

13 feb

Nota

Open gaps act like rocket fuel. They depict that market is in a hurry to get where it wants to go. LRLR.

14 feb

Nota

Notice that Head and Shoulders Pattern in 15 minutes? I see it too... :)

14 feb

Nota

In ideal scenarios, it should not violate 23144.70.

14 feb

Nota

My expected targets for today's daily range...

14 feb

Nota

Do you see the MAD PRECISION?! The only FVG I marked after market open... Like Michael says, "It's all ALGORITHMIC folks!" :)

14 feb

Trade chiuso: obiettivo raggiunto

Sellside has been delivered. All sell positions to be killed. Bull rally incoming to close the week...