Market Plan for the Week Ahead
Over the weekend, we saw a solid bounce across the market. This post outlines my specific plan for the upcoming week.
Quick Recap & Strategy:
To keep things clear, I’ve color-coded the potential moves on the chart:
The Green Arrow (Long Scenario): I’ll be looking for long entries starting from the grey demand zone. The targets are marked clearly on the upper resistance levels.
The Red Arrows (Short Scenario): These represent my two limit order zones for potential shorts if the bounce hits resistance.
The Big Picture:
Overall, I am still expecting a lower low into the $53k - $55k area.
And yes, that is where I’ll be buying. I firmly believe that the best opportunities arise in moments like this—when the crowd is completely disappointed, washed out, and losing hope. That’s usually when the smart money steps in.
"Success is the only bridge. I'm working hard so that one day, I'll be the one shaking hands with Yi He."
Have a great trading week, everyone!
