Potential Continuation Buys in NQ
Price rallied higher Friday closing the week out bullish taking out a month-high buy-side liquidity level. I am anticipating a continuation but would first like to see some sort of retracement into any one of these PD arrays or maybe just coming into 61%/discount of the Fib -27 in perfect alignment with potential BSL target
Note
Price is still in a premium according to 4hr bullish trading range but has came down into a 4hr BISI, and has also hit 1hr SIBI where there is resistance on the 1hr timeframe. I would like to see price fall to take out the Asian sell side liquidity before I would consider any longs, but overall I want to see that deeper retracement.Note
price took out liquidity of asian session lets see how this next 4hr candle closeNote
after taking the Asian sell-side price rallied higher back into a lower timeframe bearish on running into resistance we could consolidate the rest of the session
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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.