NQ going into Monday Mixed
Updated
Monthly: Price is still above PMH with 3d and 19Hrs left and we are at all time highs therefore price can either continue or start to pull back.
Weekly: price took out previous weeks high and low failed to close above PWH or below PWL, however the candle closed bullish.
Daily: Friday candle swept buy side liquidity or PDH and failed to make a swing high therefore the draw on liquidity was to the previous day low which price has reached during this Sunday open
going into a daily BISI, I will look at NY opening to is this daily BISI is going to be respected on 4hr and 1hr
4hr level broke lower which mean price could be making a pull back as of now I don't have a clear DOL , which gives me mixed feels so we will address more in tomorrows pre market leading into the opening session
Weekly: price took out previous weeks high and low failed to close above PWH or below PWL, however the candle closed bullish.
Daily: Friday candle swept buy side liquidity or PDH and failed to make a swing high therefore the draw on liquidity was to the previous day low which price has reached during this Sunday open
going into a daily BISI, I will look at NY opening to is this daily BISI is going to be respected on 4hr and 1hr
4hr level broke lower which mean price could be making a pull back as of now I don't have a clear DOL , which gives me mixed feels so we will address more in tomorrows pre market leading into the opening session
Note
overnight price reached the previous day's low and then recovered breaking above a 4hr SSL sweep and respecting daily bisi, 4hr price still shows bullish potential and pullback appears to be shallow in the pre-market
1hr price failed to make a new low which resulted in a shift creating a bullish mitigation block and now the price is currently in a 1hr BISI and there is a potential 1hr bullish order block that could
be respected if the price fails to hold at 1hr bisi. I will see how the price looks at the open for potential longs
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