Day Trade May 16 Fri

  • 4H average long setup: 21250
  • 4H average short setup:
  • 1H average long setup:
  • 1H average short setup:
  • All TFs down currently inactive
  • Reactivation led to 1000 down move
  • 4H level long setup: 21250, 20800
  • 4H level short setup: 21500, 22000
  • 1H level long setup: 20850
  • 1H level short setup:
  • 4H pattern long setup: daily ascending triangle first target met
  • 4H pattern short setup:
  • 1H pattern long setup:
  • 1H pattern short setup:
  • 4H Squeeze long setup:
  • 4H Squeeze short setup: double sell signals
  • 1H Squeeze long setup:
  • 1H Squeeze short setup:
  • Daily bullish squeeze: 7th bar

ETH TPO

RTH TPO

AVWAP

High volume bar?

  • Volume decreasing

BB lower band (3SD):

  • Curling up

BB upper band (3SD):

  • Curling up

Z-score >2 or < -2?

  • Back down to 1.6 after hitting 2 briefly

ATR/SD correlation > 0.9?

  • No