Post
Hey fam,
I just got off work late, so I'm only posting now ❤️
💥 Today's ATR has almost hit the H4 support for the recent leg (yesterday I made sure to snap a pic of the old notes and reminded everyone in the post; worried you guys might panic if you see red).
💥 I’ve also been careful to break things down step by step in every post. But with FOMC tomorrow, I’m adding more notes. The market makers are resetting the market to wait like we discussed😁
--> Interest rates are likely to stay the same. We're just waiting to see if Powell's tone is dovish or hawkish moving forward. The market moves and reflects expectations, not just real-time data.
--> But whether it's good or not, the news often shakes things up for a bit before settling down a few hours later, so watch out for that, guys.
💥 Today, H1 is forming a small head and shoulders pattern, and there's no bullish divergence yet; M15 & H4 haven't broken the lower highs, so it could bounce to 77, but as I replied in the comments yesterday, 75.8-75.2 is the liquid area. So, it could easily dip back down there.
💥 I'm continuing to reference the post from April 18 about the larger time frames--> pay attention to the D3 support at 74.8-73.5 if bad news hits.
💥 Make sure to read all the posts carefully and jot down the important notes and price levels, okay? I mentioned before, unless we've clearly moved past a phase, we need to keep reminding ourselves about the risks along this long journey.
--> Prices going up need to retest support; prices going down need to retest resistance. That's just how it is.
💥 I'm being super careful so you guys can minimize your risks. I’m just spending time sharing every day, even when I'm sick or traveling. It's disheartening to see so many just skim through and ask questions as if they haven't read anything--so sad!!😭
{future}(BTCUSDT)
{future}(ETHUSDT)
I just got off work late, so I'm only posting now ❤️
💥 Today's ATR has almost hit the H4 support for the recent leg (yesterday I made sure to snap a pic of the old notes and reminded everyone in the post; worried you guys might panic if you see red).
💥 I’ve also been careful to break things down step by step in every post. But with FOMC tomorrow, I’m adding more notes. The market makers are resetting the market to wait like we discussed😁
--> Interest rates are likely to stay the same. We're just waiting to see if Powell's tone is dovish or hawkish moving forward. The market moves and reflects expectations, not just real-time data.
--> But whether it's good or not, the news often shakes things up for a bit before settling down a few hours later, so watch out for that, guys.
💥 Today, H1 is forming a small head and shoulders pattern, and there's no bullish divergence yet; M15 & H4 haven't broken the lower highs, so it could bounce to 77, but as I replied in the comments yesterday, 75.8-75.2 is the liquid area. So, it could easily dip back down there.
💥 I'm continuing to reference the post from April 18 about the larger time frames--> pay attention to the D3 support at 74.8-73.5 if bad news hits.
💥 Make sure to read all the posts carefully and jot down the important notes and price levels, okay? I mentioned before, unless we've clearly moved past a phase, we need to keep reminding ourselves about the risks along this long journey.
--> Prices going up need to retest support; prices going down need to retest resistance. That's just how it is.
💥 I'm being super careful so you guys can minimize your risks. I’m just spending time sharing every day, even when I'm sick or traveling. It's disheartening to see so many just skim through and ask questions as if they haven't read anything--so sad!!😭
{future}(BTCUSDT)
{future}(ETHUSDT)
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