Looking at NQ we are currently playing out the last phase of a MMBM (Market Maker Buy Model)
Looking at the week ahead It looks like we are wanting to complete the MMBM. I would be looking for a sallowish retracement into the PD arrays shown here. If we want to complete the MMBM I would be looking for price to follow the blue line. If we in fact don't end up getting that I would like to see us follow the black line.
I will be watching price for a reversal when we reach key levels most important one for me going into this week will be PDM (or Fridays .50%) If we breach his level and do not get a reversal I will lean more bearish going into 7:30AM EST
These are just my views and options if you wish to learn how I come to my analysis please check out ICT and his content on YouTube. Focus on Market Structure and scalping the Model 22 and bam you have my recipe for trade ideas.
Looking at the week ahead It looks like we are wanting to complete the MMBM. I would be looking for a sallowish retracement into the PD arrays shown here. If we want to complete the MMBM I would be looking for price to follow the blue line. If we in fact don't end up getting that I would like to see us follow the black line.
I will be watching price for a reversal when we reach key levels most important one for me going into this week will be PDM (or Fridays .50%) If we breach his level and do not get a reversal I will lean more bearish going into 7:30AM EST
These are just my views and options if you wish to learn how I come to my analysis please check out ICT and his content on YouTube. Focus on Market Structure and scalping the Model 22 and bam you have my recipe for trade ideas.
GH05T 1N TH3 MACH1N3