Market Profile 23/08/2021
Analysis: Bulls used their opportunity on friday and attacked key bearish resistance. More importantly the way it was done produced bullish pattern so we have a new key bullish support…
Analysis: Bulls used their opportunity on friday and attacked key bearish resistance. More importantly the way it was done produced bullish pattern so we have a new key bullish support…
Analysis: Profile structure is still bearish and no significant pattern occured today. We have a bullish window open though, and possible attack on key resistance. Im not posting low probability…
Analysis: So it apears that "odd" bearish pattern wasn`t that odd after all. It makes me rethink this pattern and reasearch it a bit more as there might be some…
Analysis: And so we had a bull trap played out. Now, we have a rare pattern which iv seen just few times before. Attack on bullish key support, obvious break…
Analysis: Bullish structure saved in a pretty dramatic fashion which from profile perspective was too agressive and might lead to a bull trap. There are two potential short zones, one…
Analysis: Market is still in a bullish structure but we have a bearish window open on monday and possibility to test key bullish support.Strategy Status:Trend following: long 4420/4413 (Aug 05)Pattern:…
Analysis: Finally we have some movement in sense of profile patterns. Bullish pattern emerged today moving key bullish support higher. Trend trades should be protected with stops below new key…
Analysis: Technically speaking there are no patterns, again. Structure is still bullish... BUT, market made a breakout and new ATH without a bullish pattern which always should be treated with…
Analysis: Still no change on profile.Strategy Status:Trend following: long 4420/4413 (Aug 05)Pattern: limit order at new key bullish support. (click to enlarge) Other Markets (updated around 18-19 NY time) *Analysis…
Analysis: No change in profile analysis since yesterday.Strategy Status:Trend following: long 4420/4413 (Aug 05)Pattern: limit order at new key bullish support. (click to enlarge) Other Markets (updated around 18-19 NY…