• Seasonality PRE ELECTION YEARS AUG 7th-12th (Avg return +.35% )
• SMC
Long term market structure: Bullish
Short Term market structure: Bearish
Bullish order block: $40.43
*Posted this last night but just realized it was created under privet*
Bearish order block: $42.57 and $42.33
Breaker Block (Strong High): $41.92
BULLISH CHOCH: $45.70
BEARISH CHOCH :$41.04
IDM SWEEP @ $42.13
• Elliot wave: ABC ZIGZAG (Currently in a 5 wave move to the downside to complete C)
Beware call volumes for $44 $43 $42 are extremely high
Summary: Bears have taken over at the momment we had a-lot selling pressure last week so i wouldnt be surprised if we see a relief rally today or later this week. If we gap above the breaker block we could see price reach $42.93. If we dont gap above i believe we will see price drop to around $40.5 or $39.9.
Good luck god bless
• SMC
Long term market structure: Bullish
Short Term market structure: Bearish
Bullish order block: $40.43
*Posted this last night but just realized it was created under privet*
Bearish order block: $42.57 and $42.33
Breaker Block (Strong High): $41.92
BULLISH CHOCH: $45.70
BEARISH CHOCH :$41.04
IDM SWEEP @ $42.13
• Elliot wave: ABC ZIGZAG (Currently in a 5 wave move to the downside to complete C)
Beware call volumes for $44 $43 $42 are extremely high
Summary: Bears have taken over at the momment we had a-lot selling pressure last week so i wouldnt be surprised if we see a relief rally today or later this week. If we gap above the breaker block we could see price reach $42.93. If we dont gap above i believe we will see price drop to around $40.5 or $39.9.
Good luck god bless
Nota
C wave hit
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.