Fridays Easy trade. NQZ2024
1) 12:00 am price opens up with relative equal highs right above.
2)4:00 am price then delivers to the relative equal highs and starts drifting lower.
3)Short term sell side set up before the market open.
4)8:30 price is looking for the relative equal highs again as all the liquidity was not tapped out of that zone. a small retracement happens shorty after 8:30. this sets up for a liquidity raid at the 9:30 opening bell. After taking out the most recent swing high price starts to show its true direction. it then creates an order block on the lower timeframes.
5) price reaches for an Orderblock created the previous day. Price then digs into this orderblcok almost hitting the 50% mark to a tick. just a few ticks off. after it reaches this goal, price then reverts its direction seeking the resting liquidity above the 9:30 price. Punishing any of those still in shorts.
This is not trading advice just for my own journaling and studying.
2)4:00 am price then delivers to the relative equal highs and starts drifting lower.
3)Short term sell side set up before the market open.
4)8:30 price is looking for the relative equal highs again as all the liquidity was not tapped out of that zone. a small retracement happens shorty after 8:30. this sets up for a liquidity raid at the 9:30 opening bell. After taking out the most recent swing high price starts to show its true direction. it then creates an order block on the lower timeframes.
5) price reaches for an Orderblock created the previous day. Price then digs into this orderblcok almost hitting the 50% mark to a tick. just a few ticks off. after it reaches this goal, price then reverts its direction seeking the resting liquidity above the 9:30 price. Punishing any of those still in shorts.
This is not trading advice just for my own journaling and studying.
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