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Trader Steve

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$SOXL bounced hard off its washout low after AMD's earnings, and I'm leaning long — but not at this price. I want the pullback into the half-retrace zone, where four separate technical reads point to the same spot. The catch: the higher timeframes are still in a deep downtrend. Late October flushed SOXL into a capitulation low. Price swept liquidity under a double bottom, then printed a higher low and broke the last 4h swing high. Much of the jump came after hours; the regular session could give it back. What lines up: - ICT, Wyckoff, Elliott and divergence all point long, and to the same retrace zone. - That zone holds the new 4h higher low and yesterday's regular-session low. - The prior long view reached its first target without breaking the low. Divergence is the cleanest read. On the Nasdaq daily and the 12h, price made a lower low while RSI and MACD made higher lows. The 1h and 15m show the opposite, which is why I'm waiting for a dip instead of chasing. I'm wrong if price breaks below this capitulation low. Then the sweep was more downside, not a bottom. Risks: this is 3x leveraged, so decay and overnight gaps hit hard. Macro is still a headwind for chips. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.

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$AVGO just broke a 4h high on triple the usual volume, after a double bottom where sellers ran dry. I'm leaning long. But I'm not chasing this candle. I'm waiting for a pullback into the level it just cleared. Why wait? The lower timeframes are already overheated. Late October ground lower. A second test of the lows came on fading volume, then the breakout. What lines up: - All four technical methods (ICT, Wyckoff, Elliott, divergence) point long - The broken 4h high, the 4h 50 EMA, an unfilled gap and the 38.2% retrace sit in one zone - My prior short had a re-evaluation trigger. A volume breakout above that 4h high. It fired. When independent reasons stack on one shelf, a retest there matters. Divergence view: on the 12h, price made three lower lows while RSI and the MACD histogram kept rising. The histogram flipped positive. Selling pressure is fading, and the 4h rally shows no bearish divergence. Where I'm wrong: a 4h close below the base the breakout started from. That means the breakout failed and the downtrend resumes. Risks: the daily trend is still down, with overhead resistance. AMD earnings and the US midterm results could gap price straight past the zone. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.

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$TSLA printed a new high, then gave it back fast. I lean short, but not from here. I want a bounce into the area where the last leg down started. The catch: the daily trend is still up. This is a correction trade, not a top call. The weekend floor broke intraday. Price then set a lower high on the 4h, so short-term structure is turning down. Why that bounce area: - It's the 0.5–0.618 retracement of the recent drop - A 1h bearish order block sits there, where the last bounce failed - The top of a filled 12h gap lands in the same spot Three separate tools pointing at one area is why I'd rather wait than chase. Elliott view: I count five waves up from the prior swing low. Wave 5 barely cleared wave 3 and momentum faded into it. That reads as a finished impulse, so I treat the drop as wave A and want the B-wave bounce to sell. Where I'm wrong: if price holds above the recent high, the breakout was real, not a stop hunt. A 4h close back above the lower high also kills the idea before entry. Risks: Wyckoff reads this range as re-accumulation. The midterm results and Friday's jobs report can move the whole index. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.

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$AMD beat on earnings and ripped. I'm leaning long, but I'm not chasing this candle. I'm waiting for a pullback into the zone where the short-term average meets the midpoint of the earnings move. The tension: the daily chart is still in a downtrend. Before the print, price swept the prior lows. After it, price reclaimed the last lower high. A short-term structure shift, not a daily trend change. Why the pullback zone matters: - The 4h moving average, the halfway point of the earnings leg, and recent 4h support all sit together - All four technical methods lean long, none strongly - Revenue +45% and data center nearly doubled give a pullback reason to hold Several unrelated reasons at one level beat any single signal. Divergence is the cleanest read. On the daily, 4h and 12h, price made lower lows while downside momentum shrank. The 4h MACD histogram has already flipped positive. Caveat: the daily histogram is still widening, so it isn't complete. If a 4h candle closes below the pre-earnings base, I'm wrong. The bounce failed. Risks: this move came after hours; the regular session can shrink or extend it. Averages cluster overhead and may stall price first. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.

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$SKHY is sitting dead center of its 4h range. That is exactly why I'm not buying here. Bias is long. I'm waiting for a pullback into a discount zone where several supports stack. The catch: resistance overhead and an AMD print could skip that zone entirely. After the post-earnings spike, price gave back a big chunk, then began printing higher lows on the 4h and 12h. Why long: - All four technical methods agree, each with only modest conviction. - A 4h hidden bullish divergence and a Wyckoff support read sit in the same area. - The zone overlaps a deep retracement, an order block and the 12h EMA20. Independent methods landing on one shelf beats any single signal. ICT view: the daily change of character sets the upward bias. Equilibrium gives no edge, so I buy only in the discount, where the OTE and the order block that launched today's bounce meet. The stop sits outside the sell-side liquidity below. I'm wrong if a 12h close loses the latest swing low. That ends the higher-low structure. Risks: AMD earnings can gap price through the zone, and resistance below the swing high could stall it early. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.

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A textbook Ethereum FVG long can be too obvious. Everyone watches the same level → Steve sees room for a deeper drop, or a bounce into overhead supply before a pullback. 📊 https://t.co/wUv2W9yzUv (English AI dub · not financial advice) #Ethereum #ETH #Crypto https://t.co/OBcvynJhs9

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Why I think $BTC keeps bleeding into year-end. No final pump → 200 EMA breaks → leveraged dip buyers get liquidated → broadening wedge If I'm trapped long, I cut it. No hesitation. 📊 https://t.co/wUv2W9yzUv (English AI dub · not financial advice) #bitcoin #BTC #crypto https://t.co/vkDPuezA5D

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$NFLX is oversold and I'm still leaning short. Not chasing here. I'm waiting for a bounce into the zone where the earnings gap, broken support and the midpoint of the last leg down overlap. Oversold explains a bounce. It doesn't explain a trend change. The earnings gap broke the prior swing low on heavy volume. A weak bounce, then a new low. Why I lean short: - Three of four technical methods point down, and they flag the same area. - Moving averages are stacked bearish on the 4h and daily, with lower highs on both. - Post-earnings guidance and target cuts point the same way. Separate methods agreeing on one zone is where sellers tend to show up. Wyckoff read: this looks like markdown. The gap was a sign of weakness on outsized volume. The rebound came on shrinking volume: a last point of supply. The new lows printed on less volume than the gap day, so I don't see a selling climax yet. I'm wrong if price clears the first post-earnings bounce high. That breaks the lower-high structure, and the "drop already ended" count takes over. Risks: the Fed decision lands in the next session and can whip through the zone. If it falls without bouncing, there's no entry. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.

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$HYPE broke its first bounce high off the capitulation low, and the 4h now prints higher highs and higher lows. I'm leaning long, but not here. I'm waiting for a pullback into the zone where several supports stack, because price is stretched right under the daily lower high. Context: the rally ran for about ten days off the flush. 4h RSI is near overbought, price sits above the 12h upper band, and 1h shows a small bearish divergence. Why the pullback zone: - Top of the 4h fair value gap left by the breakout candle - Daily EMA20 and 12h EMA50 inside the same band - A recent 1h swing low right there Four separate reasons landing in one area is what makes it worth waiting for. ICT read: the breakout confirmed a bullish break of structure on the 4h. Current price is the premium end of the leg, near buy-side liquidity under the daily lower high. Chasing there invites a sweep. The discount side of the leg is where risk is cleaner. Where I'm wrong: if price fills the whole gap and loses the 4h EMA50, the breakout failed and I step aside. Risks: the Fed decision can whip price both ways. Leverage is crowded, so a flush could cascade into liquidations fast. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.

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$ETH just made a lower low on lighter volume. I'm leaning long. Bias: long. I'm waiting for a pullback into the first dip below price, where the 200-day average and short-term averages stack. The US rate decision lands tonight, so that fill may come fast or not at all. ETH undercut its prior low, then spent three days refusing to go lower. Then a high-volume 4h candle broke the last short-term high, the first structural shift up. - Three of four technical methods (Wyckoff, Elliott, divergence) point long from different logic. - They independently picked nearly the same entry zone and the same invalidation. - That zone stacks the daily 200 average, the 1h and 4h short averages, and the pre-breakout base. Divergence is the cleanest piece. On the 12h, price made a lower low while RSI and the MACD histogram rose. Daily MACD agrees, and the 4h histogram just flipped positive. Selling pressure is fading on three timeframes. Where I'm wrong: if price loses the recent swing low, the "sellers exhausted" premise is gone and I step aside. Risks: daily and 12h averages still slope down under layered resistance. ETH ETFs saw October outflows, and macro and news lean short. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.