Potential fractal could be forming: ES1!
Chart speaks for itself
I believe we could see a false breakdown to fill the small FVG, only to hunt the stops above the bearish OB.
After price hunts the stops for shorts, I would look for shorts on the way down when price is above the current Bearish Order Block (OB)
I also want you to take note of the gaps that have been formed at local tops. It looks like an internal cycle.
This trade idea isn't binary and will take a lot of time to form. I'll be watching it and looking at order flow and price action to see if this thesis is validated or invalidated.
I believe we could see a false breakdown to fill the small FVG, only to hunt the stops above the bearish OB.
After price hunts the stops for shorts, I would look for shorts on the way down when price is above the current Bearish Order Block (OB)
I also want you to take note of the gaps that have been formed at local tops. It looks like an internal cycle.
This trade idea isn't binary and will take a lot of time to form. I'll be watching it and looking at order flow and price action to see if this thesis is validated or invalidated.
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Telegram:
t.me/ikkeomarfree
I can also help you get $50.000 funded!
Just dm my Telegram @IkkeOmar
The trend is still strong, tbh I have no idea, we could go down to 4800 before we go higher, maybe even 4600
I'll update on the price action once it reaches there