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8/04 Trade Plan
8/4/20262 min read
🚨 NEW INDICATOR ALERT
👉 Learn more about High-Probability Reaction Levels
⚡ Trade Plan
Ticker: /ES (September Contract)
Bias: Bullish
Market Condition: Trend Continuation
🛡️ Trade Less. Demand Confirmation. Protect Accounts.
🧭 Context
Yesterday's move changed the structure. ES reclaimed the 50 DMA and expanded straight into the 7632 objective. As long as 7632 holds, buyers remain in control.
Above 7648.75, there is little resistance until 7677–7686. Above that, the next major objective is the 7739 all-time high.
Because of yesterday's vertical move, there isn't a clean pullback yet. Let today's higher low develop instead of forcing dip buys.
📊 Key Levels
🟥 Resistance
7648.75 ⭐ Breakout Level
7677–7686 ⭐ Supply
7739 ⭐ All-Time High
🟩 Support
7632 ⭐ Immediate Support
7563 ⭐ Major Pullback Zone
⭐ Highest Probability — 7648.75 Break & Hold Long
Trigger: Acceptance above 7648.75.
Target: 7677–7686 → 7739
Invalidation: Failed reclaim below 7648.75.
🟢 Second Opportunity — 7632 Hold Long
Trigger: Pullback holds 7632 and buyers reclaim.
Target: 7648.75 → 7677
Invalidation: Acceptance below 7632.
🟡 Only If — 7648.75 Rejection Fade
Trigger: Clear rejection at 7648.75.
Target: 7632
Invalidation: Acceptance above 7648.75.
🔴 Avoid
Chasing extended breakout candles.
Buying random pullbacks without a higher low.
Fighting the trend while above 7632.
🎯 Focus
7632 holds → buyers remain in control.
7648.75 breaks → target 7677–7686.
7677–7686 clears → opens the path toward 7739.
Lose 7632 → wait for a new higher low before buying again.
Today's Reminder: Strong trends don't require predicting tops. Respect support, wait for confirmation, and let higher lows come to you.
Want to see how I spot setups like this? Check out the template and follow along daily for my trade plans.
Chart setup: RAIN Break + Retest Template
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