Bulls may want to catch this or next week to reach new Highs

Hi all,
I am back with new post yet another bullish one. Bulls may try hard these 3 days and next week to reach new highs, however failing here could lead to a devastating dip. Here is my new trade set up:

Trade type : weekly
buy < 7200
Target > 8400
stop loss < 6500


Best,
Budha

Komentarz:

Komentarz:

might explode anytime from here, otherwise I am wrong :(

Anulowano zlecenie:

we hit 7300s and it could potentially dip a little or more here

Komentarz:

I accidentally cancelled the trade and therefore I will come with new idea soon.

Best,
Budha

Komentarz:

Before my next post which may take some time from days to weeks I want to provide detailed updates on this idea so that you will know how to react and act on trade setup.

Weekly:

as you can see here its is very extremely bullish but there have been no retrace candle. It is not mandatory to have retrace candle next it is possible but not mandatory so keep an eye there, before retrace t could damage the bears or have little retrace

Daily:

Clearly daily is so Bullish with good retraces to strengthen the bulls. I dont see any bearish signals from daily.

4-hour:

We can see the clear retraces in 4-hours after meeting the bull trend. so next few 4-hours will decided the daily and weekly candles which we can act upon the trade.

30-mins:

clearly it is bearish but how much impact can it make when daily and weekly not operating? Very less. So daily should first impact 4-hours which have capacity to impact daily and thus weekly.

Conclusion:
I suggest the initial trade set up in the main idea and there is no change but providing some cautions to note as stated above.


Best,
Budha

Komentarz:

Published new idea:

Komentarz:

My last chart which I couldnt share in public chat: