If Buyers Support & Defend $21K Major Key Level, I'll look LONG!
MNQ1! Stick to the plan, Never doubt the process. -500K
Last week Bulls were met with Major RESITANCE as they pushed just slightly above Daily Fib. Level 78.5%. The Resistance Price Level is around $21530.00 that sellers heavily defended.
My intended Playbook; If Buyers can defend & support MKL $21K, I do believe they will purge the HIGH and head towards Daily Fib. Level 88.6% / Daily Imbalance Zone. The Pricing of these Level are around $21,949.50...
Overall My outlook is LONG this week on this Asset looking to purge the HIGH and head into more premium pricing. Daily Fib. Level 88.6 / Imbalance Zone
Remember when it comes to FRM (Financial Risk Management), our job is to MANAGE the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well an abundance of fruit awaits us.
#BHM500K
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Note
Note
-Real Members , Real Motion. #500K
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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.
-Real Members , Real Motion. #500K
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.