15M Narrative on the nasdaq
AM session can consolidate, rally or drop. But it cannot take out manipulation low as annotated with the red arrow.
if the algorithm is drawing to that high up there, it'll do it pretty quickly between 6:00 AM - 12:00 PM or (AM Session). PM session can drop, rally or consolidate, it can also take out the manipulation low/ AM session low if that is the draw.
if the algorithm is drawing to that high up there, it'll do it pretty quickly between 6:00 AM - 12:00 PM or (AM Session). PM session can drop, rally or consolidate, it can also take out the manipulation low/ AM session low if that is the draw.
Note
There needs to be expansion above Thursdays PM High for this to be confirmed. If price just drops from the high, I'll view it as Manipulation, there will be a drop to take out those lows in AM Session
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.