- This week we have high impact news on Tuesday and Thursday.
- I won't be looking for setups until elections day has passed, meaning I'll stay sidelined until Wednesday at the very least.
- On Thursday with FOMC I'll focus on hunting for setups early in the morning and then wait for the final hour macro to more setups.
1. Premarket Analysis 2. Trading Plan Flowchart 3. High Probability Confluences 4. My Best Targets/DOLs 5. Day Trading Conditions 6. Anticipating Seek & Destroy
- This week we have a Monday Bank Holiday so I'll be expecting a small range day.
- High impact news only on Thursday.
- I'll focus on very obvious setups in line with bias, soft bias and Macros after 9.30am CME Open most of the week.
- Bitcoin chart looks fairly bullish in both the weekly and daily timeframe, nonetheless we're at key weekly levels.
- Above market we have the weekly IFVG and below we have a D1 IFVG and recent FVG which is bullish for me at least short term.
- If this D1 FVG fails I'd expect lower prices to the next key levels.
$ETH Top Down Analysis
- Ethereum is another story. Even with a strong pullback the chart still leaning bearish to me.
- The close of this week will leave us with a weekly FVG above market and Relative Equal Lows below market. Which can set the stage for a move lower.
- If higher price are to hold, I'd prefer to see a quick V-shape move rather than a High Resistance Liquidity Run.