NQU Last Tuesdays Sell Off... WOW!
1)12:00 Price consolidated on the open, tried to break lower but failed to take out recent swing low.
2) London Session pushed price into a premium, taking out Minor Buyside Liquidity. Also tapping into a 15 min FVG before seeking Sell Side.
3) 8:30 Open pushes Price into a 15 min FVG, Finishing the Consolidation around the Sell Side Liquidity. @ 9:30 Price Pushes above the 8:30 price but fails to go higher and the SELL OFF STARTS!
4) Looking Back in time we can Identify the Draw on liquidity around the daily low of the past Wednesday which has not been tapped into yet.
This is not trading advice, this is just my post-week trading chart review.
Let me know what you think about this breakdown. What would you change?
2) London Session pushed price into a premium, taking out Minor Buyside Liquidity. Also tapping into a 15 min FVG before seeking Sell Side.
3) 8:30 Open pushes Price into a 15 min FVG, Finishing the Consolidation around the Sell Side Liquidity. @ 9:30 Price Pushes above the 8:30 price but fails to go higher and the SELL OFF STARTS!
4) Looking Back in time we can Identify the Draw on liquidity around the daily low of the past Wednesday which has not been tapped into yet.
This is not trading advice, this is just my post-week trading chart review.
Let me know what you think about this breakdown. What would you change?
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