Fake out to take out (Buyside Liquidity) NQZ2024
1) Price opens stagnantly way below the previous day's settlement price.
2) Sell Side liquidity is established in London as the daily low so far.
3) 8:30 opens and absords the resting buyside liquidity sitting just above price. and then breaks down. Judas Swing.
4) the 9:30 open refuses the move lower and creates Bisi for our trade entry. Both entries are above the midpoint and price continues higher from there.
5) the positions are closed as price enters into the buyside liquidity from the previous days high.
Not trade advice.
2) Sell Side liquidity is established in London as the daily low so far.
3) 8:30 opens and absords the resting buyside liquidity sitting just above price. and then breaks down. Judas Swing.
4) the 9:30 open refuses the move lower and creates Bisi for our trade entry. Both entries are above the midpoint and price continues higher from there.
5) the positions are closed as price enters into the buyside liquidity from the previous days high.
Not trade advice.
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