I am currently monitoring specific predetermined price levels. I will maintain a neutral stance until the upcoming NY Opening bell, at which point I will assess if the price has shown further favorable development.
Comment:
05 AM: see how price beautifully stopped at the Unbalanced FVG (15m). Let's observe where price would gravitate towards from this level. At this moment, there is no favorable setup to enter a position, so I'll exercise patience and await the NY Open.
Comment:
Price in NQ reaches lower, but if you've notice already, the price in ES! hasn't met the same objective yet (Unbalanced FVG(15m)). This indicates that price in NQ! indeed could reach for lower price. I'm very curious how price will develop when it hits its same objective in ES!