ES have some migration left to the downside??
1w- Range broke bullish ( 1BOS)
into Range LG Creating (2) buyside UOB's
4HR-(2) Buyers OB's Pushed PA Down into BOS
tapping the highs of previous LL Range, and
testing Recent OB, creating equal lows in 4hr TOB
4HR in range liquidity top and bottom
1HR quick LG to 1hr TOB Creating Range
equal Highs and lows, with Liquidity sitting on
both sides, 4375 has 1hr UOB Current Price 4389
1HR is below 4hr Bullish CHoCH
on 1hr chart if it breaks 4440 and LG, look for down move to 4365.25 to collect unmigrated liquidity. before making move back up to 4560.
Gloss
BOS - Break of Structure
LG - Liquidity Grab ( Stop Hunt)
OB- Order Block
UOB - Untested Order Block
TOB - Tested Order Block
PA - Price Action
LL - Lower Low
CHoCH- Change of Character
into Range LG Creating (2) buyside UOB's
4HR-(2) Buyers OB's Pushed PA Down into BOS
tapping the highs of previous LL Range, and
testing Recent OB, creating equal lows in 4hr TOB
4HR in range liquidity top and bottom
1HR quick LG to 1hr TOB Creating Range
equal Highs and lows, with Liquidity sitting on
both sides, 4375 has 1hr UOB Current Price 4389
1HR is below 4hr Bullish CHoCH
on 1hr chart if it breaks 4440 and LG, look for down move to 4365.25 to collect unmigrated liquidity. before making move back up to 4560.
Gloss
BOS - Break of Structure
LG - Liquidity Grab ( Stop Hunt)
OB- Order Block
UOB - Untested Order Block
TOB - Tested Order Block
PA - Price Action
LL - Lower Low
CHoCH- Change of Character
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