I think price take the Buyside Liquidity and going to Daily FVG.. then going to Sellside liquidity equal Lows.
not true unless it is false, price prediction is all bade on the change of character followed by liquidity sweeps and buy side orderblocks, main expectancy is to sweep previous highs. sell side order blocks reversing to buy side smc/ict mix
Narrative: Price is currently in an uptrend, price seems to have taken out sell side liquidity (EL). After price takes out sell side liquidity(SSL) price retraces and takes out internal liquidity & is now expanding to the upside to take out buy side liquidity.
Will the 2021 peak happen again ? consolidation occurs like in 2021, will history repeat itself?
I think MNQ will have a retracement at the beginning of the week to the zone I marked up between monday and tuesday and after that it could be mainly bullish for the rest of the week until hits the upper zone around 18100
Bearish on NQ. PDAs as identified. Trying not to spend too much time predicting the narrative at the beginning of the week, however price is likely to interact with these zones.
Nasdaq longs will play and hit this level by the end of the week at most
The price can fall after taking the liquidity of the equal Highs
Considering that at 08:30 we had high impact news, we predicted that the market would go down, but it seems that it did not form a fvg that would give us an entry into the sell. That's why I will wait for him to take the part of sellside liquidity and I will go long. That is why it is difficult to have a precise analysis on the day when you have high impact news....
1. Imbalance below 2. 4hr bearish (tpd twice) 3. 1hr bearish (tpd twice) 4. 45min FSH 5. 30min SSl
CME_MINI:NQM2024 - PR High: 18715.75 - PR Low: 18687.50 - NZ Spread: 63.25 Key economic calendar events 08:30 | Initial Jobless Claims - Philadelphia Fed Manufacturing Index Inching into new ATHs - Prev session momentum with returning participation - Holding above prev session high - Mechanical 18740 supply, inventory off PR high - No major correction since...
4:00pm - 4:46pm - many good trades today - good aggressive stuff! (tight SL and stuff) 4th trade (although I cut my risk in half) was unprofessional ---> only 3 trades per day!!!! PnL: +3.5 RR (shouldve been +3 RR tho)
For the CPI news, I think the price will go up and the buy side will take liquidity. If you look at the dollar index, you will come to the conclusion that the price in the dollar index has liquidity on the selling side and can target it.
CME_MINI:NQM2024 - PR High: 18427.00 - PR Low: 18402.00 - NZ Spread: 56.0 Key economic calendar events 08:30 | CPI (3x) - Retail Sales (2x) 10:30 | Crude Oil Inventories AMP temp margin req increase for expected vol spike, pre-RTH - Prev session ad for rollover short turned into liquidity for new week highs - Holding prev session highs below the close -...
Good Evening and I hope you are well. overall market comment US PPI surprised upwards and markets printed a crash bar, just so the bulls can do the reversal and squeeze all the shorts. Measured move targets from that spike lead to many logical resistance levels and after today there can be little doubt we won’t get there before US CPI is released. Odds that...
4.10pm - ~5.08pm many good trades today! -tighter SL? ---> not asking too much from price ---> tight TP I DIDNT MOVE ANY SLs TODAY!!!!!!!!!! PnL: +1 RR
CME_MINI:NQM2024 - PR High: 18290.50 - PR Low: 18274.00 - NZ Spread: 37.0 Key economic calendar events 08:30 | PPI 10:00 | Fed Chair Powell Speaks Prev session closed as inside print - Hanging around 50% of prev session range - Daily print advertising potential reversal short below 18227 - AMP margin increase expecting vol spike for economic news Evening...