NQU2022 Daily TF Analysis. FVG + Order Block Entry
Ok guys, My name is Ryan, also known as Peezy_FX & this is my first Published Trade idea so I pray it plays out lol
I am anticipating for the market to initially trade down, against my bias, taking out previous day's low & Thursday's Low, which would be our purge of Sellside Liquidity, creating the low of the week sometime before
Tuesday's New York Open & by doing so generating Buyside Liquidity, i.e. Relative equal highs involving Thursday & Friday's high's. A specific price of interest to me is the 13250.00 - 13206.25
If that occurs, I will then drop down to a 15m timeframe as well as the 5m timeframe & wait on a clear Shift in Market Structure ( SMS ) to form at or around New York Open 8:00 AM (Est) to The Opening Bell at 9:30 AM (Est)
Once I identify the SMS , I will be looking for a retracement down into a lower timeframe FVG and/or an Order Block, Targeting previous day's high (close partial profits) & the liquidity pool resting at 13620.00 (take profit)
I am anticipating for the market to initially trade down, against my bias, taking out previous day's low & Thursday's Low, which would be our purge of Sellside Liquidity, creating the low of the week sometime before
Tuesday's New York Open & by doing so generating Buyside Liquidity, i.e. Relative equal highs involving Thursday & Friday's high's. A specific price of interest to me is the 13250.00 - 13206.25
If that occurs, I will then drop down to a 15m timeframe as well as the 5m timeframe & wait on a clear Shift in Market Structure ( SMS ) to form at or around New York Open 8:00 AM (Est) to The Opening Bell at 9:30 AM (Est)
Once I identify the SMS , I will be looking for a retracement down into a lower timeframe FVG and/or an Order Block, Targeting previous day's high (close partial profits) & the liquidity pool resting at 13620.00 (take profit)
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