Expansion Consolidation Continuation?

15 Sep 2023

My stance is to react not predict
But...

we had Asia expansion, London just swept Asia high, likely SSL next, London currently consolidating.
Just a possibility that NY sweeps some SSL and forms the continuation.

Obviously I nor any retail trader can predict the market so just let the market play out & react.

15 Sep 2023

Nota

(forgot to change display interval on a 4h)
BPR that overlaps with SSL

15 Sep 2023

Nota

these are usually reliable.. we'll see

15 Sep 2023

Nota

how will NY midnight price react?

15 Sep 2023

Nota

...if it gets there

15 Sep 2023

Nota

UPDATE:
1st sell moved SL to +1% which got hit (the sweep was so tiny & only just tapped the BRP)
2nd sell produced a better sweep, moved SL to +2% after price hit NY midnight opening price & showed sweep of SSL.

1st image shows 1st sell 1% out & better sweep with 2nd trade entry


2nd image shows 2nd sell +2 out & marked sweeps

15 Sep 2023

Nota

What I had anticipated Vs. What I reacted to

Anticipated a manipulation pullback to fill a balanced price range with the order block..



Reacted after seeing BSL sweep & the broken previous week low was tested (retail resistance), next was thinking draw on SSL/ inefficiencies, marked the order block as it had break of structure & inefficiency there.
NY 8:30am prices already pushed below NY midnight opening price & reacted > its likely price wouldn't go there again today but who am I to know, this was all theory..
And depending how todays daily candle closes, it would create a fractal swing low, which can sometimes be a hint that Daily timeframe will be seeking BSL.. reacting off the SSL taken it makes some sense there.