10AM 4H PO3 Setup
Notes about this setup:
- Theoretically, we do deliver a form of my setup here. 10am opens, taps lightly into the 15m OB+, and then we see CISD on 1m, and continuation to the upside.
- But also, we have two potential inversion entries inside of this macro, also with an SMT with ES (ES never dipped below this level, angle is at 0, while NQ did.)
- From what I can see, these inversion entries should be super quick, as soon as the candle closes below/above it, and next candle taps back into it, and also if trading an inversion, we’re only looking to do it inside of this macro. I would’ve taken this first setup for 72 points, but I think I’d be slightly lacking confidence to enter this second inversion, mainly because the current market structure does not look too proper imo.
- We’re also lacking the proper structure for 2pm, this would’ve been a difficult day to trade my system, mainly the only opportunity I see here is this macro. But, why am I bullish? Theoretically, I should be looking here for a short, since that would’ve been the correct direction, as heading into the 10am 4h candle, we’re likely gonna see it go where? Towards this OB, give us a long entry there, and then we could trade the distribution.
1m Time Frame & Potential Executions:
