Hourly Trade Jul 30 Wed

Signals:

  • Monthly pin in Apr
  • Weekly IB in Apr
  • Daily BE Jul 29

Dow trend:

  • 4H and 1H possible lower highs

BC trend:

  • 4H up
  • 1H down

All TFs up inactive

New level at 600 for 4H, 450 for 1H

  • 4H pattern: channel
  • 1H pattern: double top
  • 4H squeeze off
  • Daily squeeze off again
  • 4H ATR ~ 75
  • 1H ATR ~ 50
  • AVWAP pinch

ETH TPO

Excess above

RTH TPO

Double selling at ~ 500

High volume bar?

  • Volume higher on a red day

BB lower band (3SD):

  • Flat

BB upper band (3SD):

  • Slightly up

Z-score >2 or < -2?

  • 1.4

ATR/SD correlation > 0.9?

  • No