ES is currently trading between two areas that I think are worth keeping a close eye on.
To the downside, the first area I'm watching is the current uptrend Anchored VWAP, which has confluence with a Single Print fill around 7,686 and would also involve a sweep of the local lows formed on Wednesday.
One thing to be aware of here is how aggressively price previously moved through this area. When price moves higher quickly without spending much time building structure, there can be relatively little support underneath it if the level fails.
Because of that, I would view this primarily as a potential scalp/reaction area rather than somewhere I would automatically expect a major reversal.
If that confluence is lost, my attention would then move towards the larger demand area marked in the video.
To the upside, the area I'm most interested in is the untested value around 7,774, which also has a Single Print immediately below around 7,772.
In my opinion, untested value is one of the more underrated references in futures trading, particularly when it lines up with additional confluence. If ES trades back into this area, I'll be watching closely for evidence of sellers responding.
So for now, the main areas on my radar are:
Downside: Uptrend AVWAP + Single Print + liquidity sweep
Upside: Untested value + Single Print
Rather than predicting which one has to trade, I'm interested in seeing how price responds if either area is reached
To the downside, the first area I'm watching is the current uptrend Anchored VWAP, which has confluence with a Single Print fill around 7,686 and would also involve a sweep of the local lows formed on Wednesday.
One thing to be aware of here is how aggressively price previously moved through this area. When price moves higher quickly without spending much time building structure, there can be relatively little support underneath it if the level fails.
Because of that, I would view this primarily as a potential scalp/reaction area rather than somewhere I would automatically expect a major reversal.
If that confluence is lost, my attention would then move towards the larger demand area marked in the video.
To the upside, the area I'm most interested in is the untested value around 7,774, which also has a Single Print immediately below around 7,772.
In my opinion, untested value is one of the more underrated references in futures trading, particularly when it lines up with additional confluence. If ES trades back into this area, I'll be watching closely for evidence of sellers responding.
So for now, the main areas on my radar are:
Downside: Uptrend AVWAP + Single Print + liquidity sweep
Upside: Untested value + Single Print
Rather than predicting which one has to trade, I'm interested in seeing how price responds if either area is reached
액티브 트레이드
Update: The level has now been tapped and gave a nice reaction on the lower timeframes.We took the scalp from the area and have left a small portion running to see if there is any further continuation.
If ES can reclaim and get back inside the local lows, I think there is potential for price to squeeze higher from here.
Nice initial reaction from the level, let's see what develops.
노트
TP2 hit. Trailing stop loss moved up into profit for the remainder of the position거래청산: 타겟 닿음
Remainder of the position stopped out in profit.I still think ES has the potential to push higher from here, but happy with the scalp and the way the trade played out.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🌐 Chart Champions: chartchampions.com/tv
💬 Discord Community: discord.gg/chartchampions
▶️ YouTube: youtube.com/@ChartChampions
💬 Discord Community: discord.gg/chartchampions
▶️ YouTube: youtube.com/@ChartChampions
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.