1)12:00 am price traded around the previous day settlement price.

2) London session swept the previous day high and price started booking lower. not passing the swing high till after 9:30

3) 9:30 opens and finishes the sweep of the sell side liquidity and then rallies higher.

4) a short term buyside liquidity was created, then at 10:25 price pierces this level and drops lower. stabbing back into the NDOG.

5) After this drop, another market maker model can be found at the 15 sec. chart. pushing price back above the most recent highs.

6) this is where I would have exited the long position. as price starts consolodating.
Beyond Technical AnalysisChart PatternsTrend Analysis

Disclaimer