On the daily timeframe, ES swept the previous daily high (external range liquidity) and closed back inside the range—showing potential weakness.
Dropping down to the 15-minute timeframe, I’m expecting price to retrace into a 15M Fair Value Gap (FVG).
From there, I’ll be looking for continuation to the downside targeting:
🎯 TP1: Internal range liquidity
🎯 TP2: Previous day’s low
Bias remains bearish as long as price respects the FVG and fails to break higher.
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Dropping down to the 15-minute timeframe, I’m expecting price to retrace into a 15M Fair Value Gap (FVG).
From there, I’ll be looking for continuation to the downside targeting:
🎯 TP1: Internal range liquidity
🎯 TP2: Previous day’s low
Bias remains bearish as long as price respects the FVG and fails to break higher.
Follow us Veteran_Trade_Academy on IG.
"Trade with Discipline. Win with precision."
-Veteran Trade Academy
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.