15 Minute Scenario for shorts
If the Nasdaq is bearish, I'll want to see it sweep those relative equal highs from the Asian Session. Which we already got, that already happened. Now we need to see if it's really bearish, it'll drop after respecting the 4H SIBI. I think this model is higher probability than the Long Model, I just have a feeling because the Low of the Weekly BISI has not been hit yet, there is still a small portion left open. I would like to see a shift in market structure on lower time frames, and for the New York AM Session really be animated to the downside until it at least takes out London Session Low, and hit the Weekly BISI Low.
After which, PM session can do whatever, either continue the drop or reverse, I'm anticipating a reversal higher in the Nasdaq to take out those who were short in the AM session, and are still in profits.
After which, PM session can do whatever, either continue the drop or reverse, I'm anticipating a reversal higher in the Nasdaq to take out those who were short in the AM session, and are still in profits.
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