NASDAQ 100 E-mini Futures
Short
Updated

we might continue dropping

108
daily hidden divergence, price might want to continue seeking sell side liquidity

4hr is making a new low and taking out old lows (sell side liquidity) to the left MACD is not converging as of yet

1hr hbrsh-div price is dropping ahead of red news this Friday, could head to 1hr old low or weekly low, waiting to see how price reacts to news

m15 price is below POC of previous NY session POC, as well as overnight Asian and London session converging nicely ahead of news I would favor price reacting short-term from m15 bearish imbalance before reaching the lows around the NY open after news but we will see
Trade active
ohhh its dropping nice off the zone
Note
now that it hit 1hr low with bullish divergence we could bounce
Trade closed: target reached
brooo I literally drew it out lol

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.