A video version of this analysis is available in the link on my tradingview channel.
Last week, was more of the same and it provided more confirmation that the trend continues to be in favor of the bulls.
By now you should have realized and understand, that I do not sell, instead, I take my profits at my HH's and then wait for the market to sell back to the next largest HL before entering another Buy. (Sounds easy, however it requires constant practice)
I will repeat this...
1. I am not a signal service
2. I offer no subscriptions
3. I am under no obligation to tell anyone when I enter and exit trades
4. If you would like to follow my strategy, you must view the content that I constantly share
and use it to develop your own methods.
You must practice, review, analyze in order to be successful.
Last week, I highlighted two zones of interest for my entry, however as the week played out, I realized by Tuesday, that the price had no interest in going to my Zones as it registered two HL's on the H1 and H2 Monday and Tuesday which by then confirmed that the weekly low had already been made by Monday's H1 HL.
I only took 3 trades last week and every single one of them ended in ATH broken. (100% win rate)
If you go back and review your charts, you would have noticed that the H1 gave a total of 6 low points, all of which facilitated a new ATH eventually being broken.
So for this week, I already have an entry carried over from last Friday's London session's M5 HL @ 21596.0 which will be broken before any other kind of meaningful retracement on the week.
So for right now, it's allowing the trend to do it's thing and bring home another guaranteed HH.
This market will continue to make HL to HH's and will finish 2024 very strong.
Have a great trading week.
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