tristanlee85

ES | Oct. 23, 2023 - Weekly FVG, NWOG, and Breaker

CME_MINI:ESZ2023   E-mini S&P 500 Futures (Dec 2023)
Using the 15m bellwether chart for ES, we observe price opening higher creating a nice new week opening gap (NWOG).

At the 9:30am open, a Judas swing takes out London sell-side liquidity before rallying to take out the 8:00am swing high, closing above the high forming a bullish breaker.

Price continues to climb into the NWOG and retraces back down into the breaker and into the fair value gap (FVG) providing a clean entry for the ICT 10 - 11am Silver Bullet.

Price continues to run higher, trading above the NWOG and showing support as it ultimately trades into the consequent encroachment (CE) of the weekly FVG.

Throughout the NY PM session, price fell back through the NWOG, touching the breaker one last time before closing and consolidating at the NWOG's CE.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。