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
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
