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martiedirect
Nov 17, 2023 2:29 PM

Possible ES longs after Area of Interest Reached Long

E-mini S&P 500 Futures (Dec 2023)CME

Description


daily- price trade into a BISI creating a swing low possible DOL is at high

4hr-4hr sell side taken in Asian low after going into daily bisi, followed by a break creating a bullish ob

1hr- 1hr BISI There are two areas I'm interested in possible longs, I am favoring the lower 1hr bisi because it takes out the Asian session low, of course, I will need to see a lower time frame market shift once areas are hit

two things that move price is running to liquidity, or re-balancing and re-pricing to an old inefficiency apart from that its manual intervention

Hint: if your pd array fails and the price goes back and re-test after you re-analyze the market from the TDA approach you can take a potential trade from an inverse perspective.

Comment

not also we are in a super premium so price can also drop from this area invalidating the longs
Comments
martiedirect
Price has started rallying caught a nice entry buy with a 1:4 risk reward done for the day
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