LumiTraders

LumiTraders

After the Market Structure Shift (MSS) on the Weekly chart, we witnessed a pullback that brought the price right to the weekly breaker block and the weekly FVG. Price then rebounded from the Discount Array. I have drawn a projection based on the Manipulation Leg and I am currently monitoring my first target at 300. Ideally, I would like to see a test of the Equal...

LumiTraders

Weekly Analysis June 20 - June 23, 2023 During the previous week, NQ entered the zone of the daily Order Block (OB) and came close to testing the Mean threshold of that OB. It also entered the Monthly BB-. Therefore, this week, I anticipate a retracement to the 4-hour OB level between 15188.00 and 15094. For an ideal scenario, I would like to see a bounce from...

LumiTraders

Weekly Analysis June 5 - June 9, 2023 In the current market, we find ourselves inside the Daily Liquidity Area. 50% of this area aligns with the end of the Daily Volume Imbalance at 4314. For this week, I anticipate a test of the Consequent Encroachment of Liquidity Area and a potential fill of the Daily Volume Imbalance. I believe that 4317.75 could act as a...

LumiTraders

Yesterday, we witnessed a sell-off down to the 4-hour Breaker Block, followed by a bounce from that level. There is a 15-minute SMT divergence between NQ and YM, as well as a 1-hour SMT divergence with YM. This could indicate the possible formation of a MMBM (Market Maker Buy Model). Currently, I'm interested in observing the testing of two short-term BSL...

LumiTraders

Today I want to see fill of the 1h Breakaway Gap - 4139. My key level 4125. This is buystops level. Pretty sure it will want to test it to complete ATM/ICT Mentorship Model. My Pre-market Plan for May 24, 2023: Bullish Scenario - Break above 4165 (short-term BSL, 4163 NY Midnight Open Price as well) can bring some bulls —> 4175 - this is "NWOG" - 04/16-04/21....

LumiTraders

We have 1h Breaker block 4213.75-4220.50. We might see possible bounce to this BB and a drop to the 15m Breakaway Gap - 4177. But it can drop from 4204 - there is 15m FVG there + 3m BB. Break above 4227 will bring us to the 4244. This is Buyside Liquidity level. I want to see fill of the breakaway gap first. 4177 and 4170 my key levels. They act as a magnet for...

LumiTraders

After Market Structure Shift, it bounced right to the Monthly Breaker Block and started selling off to the Monthly Measuring Gap. Looks like ICT 2022 Mentorship Model to me. I want to see bounce to the 4232-35 level. This is 50% of the long wick on the down candle that touched Breaker Block. After that I want to see sell off to the Internal Liquidity level at...

LumiTraders

ES inside the 4h FVG and 4h Breaker Block. Sunday Open: 1) Possible pullback to the 15m Breaker Block and bounce to the 4147-4153.25 will be great to see. There is 1h Breaker Block (4149.50-4153.25). Break above 4166 should offer the test of the daily Volume Imbalance at 4179.50-4185.75. 2) Failure to hold 4h Breaker Block should offer short opportunity to the...

LumiTraders

Once it hold 15m Breaker Block, I want to see long opportunity to the Daily Volume imbalance - 4180-85. Break below of 15m Measuring Gap (4136-40) will open the room to the 4120 level - Breakaway Gap.

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It failed to close above 15m Equilibrium. Perfect test of the 15m BB and 15m FVG. I want to see drop to the 4140 first before another big move.

LumiTraders

Old Daily Volume Imbalance (4133-4136) became as support. Break below 4133 will open the room to the 4h Breaker Block - 4115.00-4105.00. Hold of Sunday Open Level can bring us to the 4167. There is another daily volume imbalance at 4179-4185. Keep my eyes on 4191 - Next BSL after break of the 4167.

LumiTraders

Possible 2022 ICT Mentorship Model. Created MSS and pullback to the 15m Inversion FVG. Reached 1st Target. Also, touched 4h OB. Watching test of the mean threshold of this OB.

LumiTraders

Nice retest of the 4h Inversion FVG after MSS. Filled FVG and started selling off!

LumiTraders

DXY has tested 4h FVG which is lined up with 79% of the 4h OTE. I expect sell off to the 4h Equilibrium. And if it holds this level, it may bring some bulls then.