July 13 Plan
- Rishi Pahuja
- Jun 13
- 2 min read
Fuck! Did I fuck that up? Did I miss an opening? Maybe? I'm so hesitant because of the downside of being wrong.. but is the downside of being wrong actually worse than not acting? There is always another opportunity. But I have to accept the loss to confidently make the move. Because right now I'm killing myself over not acting, while at the same time thinking wow could I have even actually acted? While I want to replay everything over and over, I think the best is to focus on the next opportunity. So that is what I'll do.
Daily
Still clearly bullish. This whole week the quarterly call trigger has held as support as well as the Daily 8. Dips down to the 13e have been getting bought. THOUGH we do have some bearish divergence. We're putting in higher highs in price and PO is curling down at the distribution zone.
4h chart
Structure is starting to shift. A clear loss of the 4h21e, currently retesting it now. We're primarily just in a range with mixed signals on direction. Read, no direction.
1h chart
Clearly bearish. Huge drop over night with the Israel / Iran news. We lost this weeks support and by open have come to retest it as resistance which its currently holding as.

Currently flagging with trend line support continuing to hold. We're at the decision area. Best to be extra patient and react once the move happens.
10m plan
Hourly bias is down. We've already retraced 70% of the down move from yesterdays high, as well as the mini gap created with the news last night. So, down is probably more likely, but the 10m is clearly strong. Wait for a clear break on the 10m to consider puts.

No puts until the 10m clearly loses the ribbon or we get an M with divergence at HOD. Bias is down! Wait to react at resistance and then scale in to help better evaluate the thesis and best entry point. It doesn't become clear until I take a position. Hence don't enter big!





Comments