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
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。