$ES 20-DAY LOOK BACK.
This is the main look back for day trading and intraday trading.
As you can see last 20 days we have taken Buyside liquidity and rushed down taking the sell side
But we've run out of PD arrays lower in this range and are exhausted what now?
This is the main look back for day trading and intraday trading.
As you can see last 20 days we have taken Buyside liquidity and rushed down taking the sell side
But we've run out of PD arrays lower in this range and are exhausted what now?
$ES 40-DAY LOOK BACK.
... well when exhausted in the 20 days we move to look into the 40-day range.
Here we can see we in a discount also and have arrived at a daily OB+
Here we could expect some reaction and look on 4H/1H for market structure shift to signal the upside.
... well when exhausted in the 20 days we move to look into the 40-day range.
Here we can see we in a discount also and have arrived at a daily OB+
Here we could expect some reaction and look on 4H/1H for market structure shift to signal the upside.
$ES 60-DAY LOOK BACK.
We would move to this look back if the 20 and 40-day ranges were exhausted.
Currently, they are not... but what you can also note is the bullish order flow also note that the daily high in the last 60 days was SMT divergence possibly a quarterly shift.
We would move to this look back if the 20 and 40-day ranges were exhausted.
Currently, they are not... but what you can also note is the bullish order flow also note that the daily high in the last 60 days was SMT divergence possibly a quarterly shift.
@philiply01 So with that said
Being exhausted and deep discount on the 20-day range and discount on the 40-day range and at an order block (PD array)
I would most likely expect some sort of reaction here but no it is not guaranteed.
Other confluence must come into play.
Being exhausted and deep discount on the 20-day range and discount on the 40-day range and at an order block (PD array)
I would most likely expect some sort of reaction here but no it is not guaranteed.
Other confluence must come into play.
@vish9009 check this. I trade the futures market. Specifically $ES
@ICT_Assassin this is a better thread of mine.
@bluebeast81 check this run down too
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