NQ - Not As Clearcut at ES

Mis à jour
$19,200 is regarded as a discount in this instance and this is where the most pain will lie if NQ was to continuously drop.

I am expecting a relief rally, targeting short term highs at $20,162 for a potential mirror set-up in ES so i can take shorts into a discount aiming for $19,200
Transaction en cours
The anticipated relief rally up to $20,162 broke down after the highs was booked on Tuesday 11am US AM session.

Shift in market structure to the downside during Asians session open which means the chances for $20,162 buystops to be taken is much lower than it was previously
Trade fermée: cible de profit atteinte
NQ here with the projection being short to $19,200 which booked during US 15:00PM session

Will be sitting on my heels until next week Tuesday

Happy weekend champs!

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Note
Witnessed a sharp sell-off into and through the weekly order block mapped out on the daily timeframe.
Expecting a relief rally upto $19,367.
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Note
In comparison to ES, the manipulation to the upside was not as tragic, with the highs only covering 20% of the previous daily candle.

18,883 - 19,390 is the price range to study going into todays trading

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Candlestick AnalysisMultiple Time Frame Analysis

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