Nasdaq100 What Now Episode 89

22 ก.ค. 2022

Trade Plan For 22nd July, 2022

‘Been taking buys for a while now even with the bearish divergence on all time-frames including the HTFs. I know that the trend is my friend and divergences don't always mean reversals sometimes they are just pullbacks or a pause in the current trend. A divergence only makes sense if the next high or low is a "change in structure".. So with that being said, I'm still looking for longs because the HHs and HLs have been constant. (look at chart) The daily TF upside down is: a bearish divergence with a double top, and lower highs which is a strong trend. I have an open-mind though but for now, I'm going with the current trend till it changes..🎯

A Daily Reminder:
avoid imbalances—HH and LLs or LH and HLs.

P.S: Strategy— structures, divergence & trends
Triggers— LHs & HLs

My disclaimer:
Past profits do not predict future earnings. Risk only 1% on your account. Low risk only!