Sep. 1 at 8:33 PM
What do you know... Another @Trader_Ty beauty.
Maybe if I make my charts look like his I'll find these too?
Let's find out! 😜
$MRP giving us a clear path forward. Absolutely leaning bullish - beautiful HTF liquidity build (bull flag!) and structure presenting itself, but it'll take patience and good position management to play out over the next few months/years (we're on a weekly chart here) and to close this HTF cup at
$36, let alone break out of it.
The
$31 and
$28 levels are clear HTF liquidity levels we could trade off of in the near future.
I'm looking to enter a position on confirmation from one of these two scenarios:
Immediate Bullish: Weekly break-and-close and retest above
$31 LTF resistance
Bearish → Bullish: Bullish reaction/LTF structure at
$29 demand
Any move below
$28 takes immediate trade opportunities off the table, and would need enticing price action to tempt me back in
Hope to see you next week on The Monday Show, live on @Betweenthetrades
