HTF PREMIUM LIQUIDITY ATTACK
It seems to me like the market will continue to be bullish. The target for this week is the Weekly High (22111.00) which would mean All Time High for ES (given the effect of President Trump that is a very likely scenario). Coupled with the Premium Liquidity are the Premium levels of an old Opening Range Gap and a 1H FVG. If it trades there and bullish PDAs support price it might run for the ALT.
On Friday, the market already drop below a Daily Low and filled the ORG around 50% which could be enough to project price higher (potential Daily IOFED). Although there still are two Daily Discount FVGs and a 4H Breaker where price could trade to before running. Therefore, I want to see how price trades on Monday / Tuesday and depending on the signatures I will trade it accordingly.
On Friday, the market already drop below a Daily Low and filled the ORG around 50% which could be enough to project price higher (potential Daily IOFED). Although there still are two Daily Discount FVGs and a 4H Breaker where price could trade to before running. Therefore, I want to see how price trades on Monday / Tuesday and depending on the signatures I will trade it accordingly.
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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.