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“Trade setups, not movements”

1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion)
  • Monday DAY 1 Opening Range
  • Tuesday DAY 2 Initial Balance ✅ day 3 cycle
  • Wednesday DAY 3 (reset DAY 1) Mid Point Week
  • Thursday DAY 2
  • Friday DAY 3 Closing Range


2. SIGNAL DAY
  • First Red Day
  • First Green Day ✅
  • 3 Days Long Breakout
  • 3 Days Short Breakout
  • Inside Day


3. WEEKLY TEMPLATE
  • Pump&Dump
  • Dump&Pump ✅
  • Frontside
  • Backside ✅


4. THESIS:
  • Long: primary, failed breakout LOW, the market looks started the backside move, long are in the market, current HOW has been triggered and now dumped for 3 levels. After 9:30am if the market will stay down low I will be looking for a buy setup.
  • Short: secondary, not really interested today, unless the market pumps up into the current HOD/HOW and stays in consolidation till NY opening 9:30am


Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement.
Gianni

Comment
snapshot
If the LOD will hold till 9:30am NYO, it can give an interesting reversal trade
Comment
snapshot
9:30am NYO, dump and pump completed! Well done for the traders that took this nice trade!
Beyond Technical AnalysisChart PatternsdumpandpumpfirstgreendaygiannipichicheropumpanddumpstaceyburketradingTrend AnalysisUS30wallstreet

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