Took a long positon here

15 Ogo 2023

Looks like a reasonable place to long, pattern completion, around key support, consumer staple in face of recession... ill try.

15 Ogo 2023

Nota

First target here is 15 to 1 reward ratio.

15 Ogo 2023

Nota

VERY conservative targets are still high risk reward, at the 236 and 382fibs... if youre a pussy.

16 Ogo 2023

Nota

Not feeling volatile enough for a bottom.... maybe it gaps up tomorrow but im sticking with my spidey senses that this is going lower.

Im out... break even minus ripoff trading fees.

16 Ogo 2023

Nota

So if this doesnt hold, things get really ugly IMO.>>>>

24 Ogo 2023

Nota

Now were starting to get some structure.

I would be a buyer of a pull back, which i think is likely. perhaps not new lows, but yeah, will watch rsi for an entry.

28 Ogo 2023

Nota

So that was the pullback, stoploss 33.20

no idea if this is the bottom but it very well could be...

31 Ogo 2023

Nota

I didn't allow stop loss to activate, instead I doubled down at 33.08..

Also bought some dominion energy.

31 Ogo 2023

Nota

Why? because of heinz compared to XLP. Not only do i believe heinz is at support on its USD chart, but also vs XLP.

6 Sep 2023

Nota

I added even more down here.

so the wave structure looks like a 5th wave completed... as markets move down it is showing strength now and moving up. Inversely correlated as it has been all year, but now it is a good inverse correlation lol.

7 Sep 2023

Nota

This specific double bottom pattern on XLP / XLY has been ingrained deep in my brain. I will never ignore it again.

XLP is consumer staples vs XLY consumer discretionary.

8 Sep 2023

Nota

Also looking for KHC to outperform energy/oil during this time, at least for awhile.

8 Sep 2023

Nota

Low timeframe wyckoff?

13 Sep 2023

Nota

Exited 33.64 for reasonable profit. Looks like this may break the lows, will know soon. keeping an eye for more long opportunities.

13 Sep 2023

Nota

Prefer we go to 32.80 at least before i buy anything.

if it doesn't get there i just miss the boat.

potential inverse H&S forming low time frame.

14 Sep 2023

Nota

The recent scam pump changed everything.

new view.

28 Sep 2023

Nota

I have realized my mistakes, i made money elsewhere so im getting back in around the same price i got out.