-Yurlo
First of all like this post because I've put a good hour or two into crafting this one and I've decided to share it with you 👍
Second of all: I know I've made many bullish posts indicating we will pass 12500, however I've done a lot of thinking over the past day and after following price action I've decided that something big might be about to play out. Keep in mind I've only started my trading&investing journey 5 months ago (that's when I created this tradingview account and decided I wanted to change my life), thus being said I believe that I wasn't considering the bearish side to the market structure and the fact that we haven't tested major levels below that would be almost essential for a true bull run to form.
I feel like the top is in & whales are about to start distributing back to the first cycle of price action. Bulls have been patiently waiting for the local top since they bought at 4000 back in November.
Reasons why this is a possibility & shouldn't be ignored:
#1: CME GAPS:
-9600
-3500
#2: Whales have been waiting to distribute & start the next cycle of market, and smart money probably has buys all the way at the TRUE bottom waiting to accumulate.
#3: The area of interest below current price is way too attractive and the R/R is too nice to ignore.
#4: Yurlo said so & I've been right about most major moves.
Enjoy your weekend, and enjoy Labour day long weekend.
First of all like this post because I've put a good hour or two into crafting this one and I've decided to share it with you 👍
Second of all: I know I've made many bullish posts indicating we will pass 12500, however I've done a lot of thinking over the past day and after following price action I've decided that something big might be about to play out. Keep in mind I've only started my trading&investing journey 5 months ago (that's when I created this tradingview account and decided I wanted to change my life), thus being said I believe that I wasn't considering the bearish side to the market structure and the fact that we haven't tested major levels below that would be almost essential for a true bull run to form.
I feel like the top is in & whales are about to start distributing back to the first cycle of price action. Bulls have been patiently waiting for the local top since they bought at 4000 back in November.
Reasons why this is a possibility & shouldn't be ignored:
#1: CME GAPS:
-9600
-3500
#2: Whales have been waiting to distribute & start the next cycle of market, and smart money probably has buys all the way at the TRUE bottom waiting to accumulate.
#3: The area of interest below current price is way too attractive and the R/R is too nice to ignore.
#4: Yurlo said so & I've been right about most major moves.
Enjoy your weekend, and enjoy Labour day long weekend.
Trade active
Trade active
10k is literally holding on by a thread.
expecting CME GAP to be filled soon, I'm holding a short from 10500 atm.
Trade active
Closed my 10.5k short at 10k, took a small long here (scalp)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.