September Gameplan Down Month To Sweep Lows B/O ATHs

September I am going to look for bearish trades in line with these three peak wedge formations.
I am looking for 46,000 to possibly be the high of month
What I am seeing is a build up before the break out of all time highs. I believe the market will make one more dip down to the 43,000 area before the breakout.



The biggest clue was August 22nd's exhaustion bar.
Another huge clue is the start of September is a holiday at the top of the wedge and the start of a new month. New Month, New Timing Cycle.
How I will be playing September:
I will limit myself up to only 10 trades
One trade per Daily Candle when Initiating a trade
120 tick stops
480 tick targets
4 to 1
Hold overnight until stop or target is hit
Aim for a 40% win rate
4 wins 4*4=16
6 losses 6*1=-6
Net +10R
I am looking for 46,000 to possibly be the high of month
What I am seeing is a build up before the break out of all time highs. I believe the market will make one more dip down to the 43,000 area before the breakout.
The biggest clue was August 22nd's exhaustion bar.
Another huge clue is the start of September is a holiday at the top of the wedge and the start of a new month. New Month, New Timing Cycle.
How I will be playing September:
I will limit myself up to only 10 trades
One trade per Daily Candle when Initiating a trade
120 tick stops
480 tick targets
4 to 1
Hold overnight until stop or target is hit
Aim for a 40% win rate
4 wins 4*4=16
6 losses 6*1=-6
Net +10R
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.