NJ D Bullish Idea 1/29/23

29 янв. 2023 г.

NJ has a lot going on right now. But it is creating a rising wedge on the Daily time frame. So for one trade this week I am looking for price to break the resistance zone, retest it, and continue to take out 12/13/22 highs. This area is also the 2022 highs for NJ.
Even if you just catch an entry on the smaller time frame at the break of the zone you can get a good 40 pip buy up to the 50% area of the D FVG that price is currently in.
So there are several bullish entries that can occur from where price currently is right now on the Daily.

3 февр. 2023 г.

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Price is riding the Daily trendline bearish. Will look to see what price does at market open to decide what to do with this idea. Not currently in a trade, just updating the idea.

18 февр. 2023 г.

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Still waiting on the D range to break. So this idea is still open for me. Not currently in a trade though

26 февр. 2023 г.

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Still looking for price to break bullish

4 мар. 2023 г.

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I caught a small buy when price broke into my area of interest before reversing a the 50% of the FVG to the left of price. Price is currently at the 50-61.8% FIB, so price may bounce back up again at market open.