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.
Follow us Veteran_Trade_Academy on IG.
"Trade with Discipline. Win with precision."
-Veteran Trade Academy
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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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.