Watching Levels on Micro NQ
daily-price has taken out monthly buy-side liquidity
4hr- we are in a bullish trading range and currently pulling back the price has disrespected the first BISI that was in the premium of the range
1hr- price failed to take out the Asian buy-side and just fell in London creating SIBIs,
my AOI for buys would be around 50-61% of the fib on the 4hr if we price can come in that zone and create a lower time frame market momentum shift.
4hr- we are in a bullish trading range and currently pulling back the price has disrespected the first BISI that was in the premium of the range
1hr- price failed to take out the Asian buy-side and just fell in London creating SIBIs,
my AOI for buys would be around 50-61% of the fib on the 4hr if we price can come in that zone and create a lower time frame market momentum shift.
Comment:
trade is playing out nicely from 4hr 50-61% zone