What do we know?
- it's rollover day
- ES is building a HVN up here
- the uptrend-line is respected by now
- VAH=1146.75, VAL=1142.75, POC=1144.75
- WIBH=1145.25, WIBL=1134.00
to the downside:
- single prints from March 09 1135.75-1134.00
- single prints from March 03 1132.25-1131.00 & 1129.00-1126.00
- NPOC=1133.25 from March 03
- initial S=1136.00; S=1132.50; Strong S=1126.00
- be aware that along the way we could find other areas of intra-day S
to the upside:
- R=1147.50
- that's all I have for the upside
Note: - 8:30 trade balance
- 8:30 unemployment claims
My trading plan is to not have any bias, just let the IB to form, observe price action and fine tune the entries around my levels. I might consider taking a trade during the first hour if we'll trade around a major level and I'll have confirmation from order flow & price action.
Patience, discipline & executing my plan is my main focus for the day.
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