NQ - Not As Clearcut at ES

Jul 20

$19,200 is regarded as a discount in this instance and this is where the most pain will lie if NQ was to continuously drop.

I am expecting a relief rally, targeting short term highs at $20,162 for a potential mirror set-up in ES so i can take shorts into a discount aiming for $19,200

Jul 24

Trade active

The anticipated relief rally up to $20,162 broke down after the highs was booked on Tuesday 11am US AM session.

Shift in market structure to the downside during Asians session open which means the chances for $20,162 buystops to be taken is much lower than it was previously

Jul 25

Trade closed: target reached

NQ here with the projection being short to $19,200 which booked during US 15:00PM session

Will be sitting on my heels until next week Tuesday

Happy weekend champs!

Jul 25

Note

Witnessed a sharp sell-off into and through the weekly order block mapped out on the daily timeframe.
Expecting a relief rally upto $19,367.

Jul 26

Note

In comparison to ES, the manipulation to the upside was not as tragic, with the highs only covering 20% of the previous daily candle.

18,883 - 19,390 is the price range to study going into todays trading