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E-mini ES 2019/04/26

Continuation, mDB, fL2, 1tF BT, fBO, CXT, BP, BT

The Reversal Signal Bars indicator, one of our Price Action Indicators, gave a RVB reversal signal pattern after the fBO of the HOY (also a 17tF of the last SH from the Support and Resistance – Breakout Failure Tick indicator).
But, after having a 5tF on the EB (the green circle) and no BO on the next bar you need to look to exit.
The Signal Bar – Breakout Failure Tick indicator warned a trader of that possible 5tF.

daily chart
Always In Long (AIL) since 03/29 – now almost 30 days
Buyers at last weeks high stopped a 2nd push down by the bears
ATH here we come, next bull target after that might be a MM of the failed XT at around 2950
but my long term target is around 3100, see here why

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E-mini ES 2019/04/25

Continuation, T1B, 1P, XT, mW, fL2, H2, DT, DP
small trading range day
today’s DT at the HOD is at the shallowest bear TL from yesterday

The Reversal Signal Bars indicator, one of our Price Action Indicators, gave an II reversal signal pattern at the DT at the HOD.

compare today’s PA at the LOD with the PA at the 04/18 LOD, this is a classic trend termination and reversal pattern in one
un-triggered inside bar (triggered on the wrong side) becomes a trading range
then you get buyers below and sellers above
this goes on until one side wins over the other, creating an expanding triangle

daily chart
Always In Long (AIL) since 03/29
the bear stop entry short in the expanding triangle triggered
bears got reward/initial risk of one (using a bar stop), not bad
but the entry bar has a weak close, today’s bar on the index even closed above LOY

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E-mini ES 2019/04/24

Continuation, Opening Range, 1fBO, DB, bull CH, CXT, bear MC, 1CHBO, SHS, fH2
small trading range day
the 2BR at the shallowest bull TL from Y didn’t trigger, so, the two OL trend bars became the opening range (OR)
but the DB below did and made it also a fBO of the OR
then bull CH up (see OL with the SB at LOD) and CXT (CH expanding triangle) in that bull CH

daily chart
Always In Long (AIL) since 03/29
Inside bar and stop entry short for the bears in the expanding triangle
aggressive bulls buy lmt C as a breakout pullback

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E-mini ES 2019/04/23

Continuation, Opening Range, fEB, DB, H3
no trend termination the entire day

daily chart
Always In Long (AIL) since 03/29
a lot of buyers above yesterday’s confirming entry bar confirming
some bulls might take profits at the all-time high, which is only a couple of points above

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E-mini ES 2019/04/22

Bear gap, mid range, SC, bull CH, CXT, DB
check out the increasing bodies – Buying Pressure  during the spike from the open, this means buying pressure and very likely more up
there was also a magnet a couple of points above the end of the spike, COY

daily chart
Always In Long (AIL) since 03/29
Confirming entry bar (EB) for the bulls, buy above
a confirming EB strengthens a weak signal bar