MYM1! Bullish Price Action for 10/31
This week’s overall trend for
MYM1! appears bearish, but during the NY session, we’re seeing strong bullish moves, often exceeding 200+ ticks. Given this pattern and the respected supply zone, I anticipate similar price action tomorrow (10/31).I plan to enter at the 8:30 CST open, aiming for a 250-tick gain, and then sell as price reaches the supply area for a target of 280 ticks.
This is my first posted idea, so let’s hope it plays out as expected. Let’s collect those ticks!
Note
Idea scrapped. Price sold off pretty hard overnight. Possible Buy opportunity here though. Continuing my morning analysis Ordre annulé
Price completely dumped heading towards support 41,902. I was able to catch some plays off of the newly formed supply, but it definitely did not line up with my bullish idea. Back at it again tomorrow!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.