Friday NQ price review
Updated
Friday morning was difficult for me to predict direction knowing there was buy side from Thursday and also a Volume imbalance below from day change.
Until 10:45 when price started falling and then reversed as if it wanted to take 8:30 lows and then begin to take Buy Side Liquidity but created a very obvious even and equal sell side that I liked after it took the Buy side as ill show in the next images.
first took intermediate lows but left equal lows and reversed to take buy side @14385 from Thursday, waited to see if it would continue up or not from the FVG created at 10:52 am at 11:05 it did respect but was shortly lived before it continued down after taking marked BSL it presented a model 2022 entry but wasn't 100 percent sure to take or not so waited for another opportunity to enter and there was another opportunity entry with 12:23 candle tapping into 12:21 candle FVG and another I marked in images to target the equal BSL lows of 14269. and pulled by the Volume imbalance .
15 min time frame so its easy to see the BSL marked and Volume imbalance.
1 min time frame entry
Until 10:45 when price started falling and then reversed as if it wanted to take 8:30 lows and then begin to take Buy Side Liquidity but created a very obvious even and equal sell side that I liked after it took the Buy side as ill show in the next images.
first took intermediate lows but left equal lows and reversed to take buy side @14385 from Thursday, waited to see if it would continue up or not from the FVG created at 10:52 am at 11:05 it did respect but was shortly lived before it continued down after taking marked BSL it presented a model 2022 entry but wasn't 100 percent sure to take or not so waited for another opportunity to enter and there was another opportunity entry with 12:23 candle tapping into 12:21 candle FVG and another I marked in images to target the equal BSL lows of 14269. and pulled by the Volume imbalance .
15 min time frame so its easy to see the BSL marked and Volume imbalance.
1 min time frame entry
Note
if im being honest I was waiting for price to least reach 14534.25 as a retracement, but did not get any where close. notes for future self- price will not always act as expected especially with the red high impact news at 8:30 and 10:00 also we have to see price fractals on a smaller time frame to line up with high time frame and this day a set up did not fully present itself until 12 past my trading hour.
be patient and if no set up no trade. if trading out side of trading hour in rules use small risk and follow higher time frame direction it will be stronger when looking at price on the smaller time frames and respect more and lastly check recent BSL and SSL liquidity stops
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.