Nasdaq - Friday - Core CPI
Pretty simple day
8:30am EST - Core CPI created a SIBI
9:30am EST - Price tapped the Daily OB & left a 5 min BISI, price retraced into the 50% of that 5 min BISI where you could have entered via an IOFED. --- Tp at the fill of the Core CPI SIBI & when it taps the 50% of the Daily FVG from July
Price collapsed to the downside after tapping the 50% of the Daily FVG from July & broke MS confirming bearishness with a 5 min SIBI; & then you could have been a seller there via an IOFED & TPing below the Sellside Liquidity at 9:30am EST lows; completing the Market Maker Sell Model
Then price tapped the 50% of the Daily OB from June & it provided a 5 min BISI entry towards late NY session where you could have been a buyer there if you're nimble enough & scalp 50-60 pips
Easy
8:30am EST - Core CPI created a SIBI
9:30am EST - Price tapped the Daily OB & left a 5 min BISI, price retraced into the 50% of that 5 min BISI where you could have entered via an IOFED. --- Tp at the fill of the Core CPI SIBI & when it taps the 50% of the Daily FVG from July
Price collapsed to the downside after tapping the 50% of the Daily FVG from July & broke MS confirming bearishness with a 5 min SIBI; & then you could have been a seller there via an IOFED & TPing below the Sellside Liquidity at 9:30am EST lows; completing the Market Maker Sell Model
Then price tapped the 50% of the Daily OB from June & it provided a 5 min BISI entry towards late NY session where you could have been a buyer there if you're nimble enough & scalp 50-60 pips
Easy
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.