good evening,
i was observing the order flow all day today, and it's quite apparent that there is a little phase of accumulation taking place in this range.
gotta lean with the original case from here, with a slight twist.
think we see a move up to about 46k in the next 9 days.
max pain on $2,039,677,024.46 worth of premium for the monthly cme expiries this month sits at 46k, coincidentally in confluence with my algo target.
----
bullish invalidation on this swing sits at $41140.0 - stop loss just beneath.
wave C target = 46k

i was observing the order flow all day today, and it's quite apparent that there is a little phase of accumulation taking place in this range.
gotta lean with the original case from here, with a slight twist.
think we see a move up to about 46k in the next 9 days.
max pain on $2,039,677,024.46 worth of premium for the monthly cme expiries this month sits at 46k, coincidentally in confluence with my algo target.
----
bullish invalidation on this swing sits at $41140.0 - stop loss just beneath.
wave C target = 46k

Note
taking some profit here \\ stop loss moved into profit.Order cancelled
im out of my long.price action looks too sus for me.
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i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Related publications
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.