NQ Could Potentially Purge Tuesdays's Lows?
- Price looks like it's heading towards Tuesday's Low. We don't have any major news today so I'm not expecting huge movement but, from what price has shown me, it looks like the next draw on liquidity is Tuesday's low.
- After price entered and respected the Weekly Imbalance, it displaced lower with energy and retraced back to the 4-hour order block that was responsible for that displacement leg. The first 4-hour order block was respected and price, again, pushed lower creating another 4-hour order block.
- Now, it looks like price is drawing towards that second 4-hour order block and if it respects that level, then I would like to see price run lower and take out Tuesday's Low.
- I am not a financial advisor. Trade at your own risk. I am only sharing my ideas and predictions of what price could do and I could be 100% wrong. Stay safe!
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