Second thoughts now on previous US30 idea..
1. Filled FVG below
2. Sellside liquidity take
3. Market Structure Shift (MSS/Displacement)
4. MSS left an imbalance (FVG)
5. Retraced back and filled FVG (rebalanced), also on multiple timeframes..
Market open expecting NAS to reprice lower to draw on further sellside liquidity before taking off and reaching the FVG and Volume Imbalance above, and potentially making higher highs.
1. Filled FVG below
2. Sellside liquidity take
3. Market Structure Shift (MSS/Displacement)
4. MSS left an imbalance (FVG)
5. Retraced back and filled FVG (rebalanced), also on multiple timeframes..
Market open expecting NAS to reprice lower to draw on further sellside liquidity before taking off and reaching the FVG and Volume Imbalance above, and potentially making higher highs.
Comment:
Update: Almost there..
Comment:
Update: Clean delivery (5days later on the Friday). No drawdown and straight to the imbalances (target) above, as anticipated. I did not take Nasdaq into consideration before posting my first previous US30 idea which I should have. I am new to posting on TradingView and rushed to post my first idea..
Trade closed: target reached