ES New York AM Session-
SNP provided us with a great trade during the PM session. The AM session did not have much opportunity given as though we had CPI news release about an hour previous to market open (8:30am EST). As I am uploading this, price has not yet hit our target and is about 8.12 handles away. I will break this trade down as though it has already hit target given as though we have already produced about 30 handles on the SNP, WHICH IS GREAT!
Confluences:
- m15 sweep of SSL
- https://www.tradingview.com/x/MtzQtzud/
- We also see that we have an m15 bullish OB that forms perfectly. Not only sweeping SSL but also breaking a swing high before the displacement.
- https://www.tradingview.com/x/MtzQtzud/
- m5 entry
- https://www.tradingview.com/x/XSNNSWvg/
- m5 bullish ob
- Buy Side imbalance
- Bullish momentum break
- Discount pricing
- I dropped my entry on twitter as well!
- https://www.tradingview.com/x/XSNNSWvg/