Friday Liquidity Sweep & Reversal Setup – NQ

Narrative:

Price action on NQ has swept the Buy Side Liquidity (BSL) on the daily timeframe around 24,060 during Thursday’s NY session. After the sweep, price consolidated just below the high, suggesting the potential for a Friday Reversal, in line with ICT’s classic "Reversal Friday" concept.

Today (Friday), I am watching for a potential Judas Swing to the upside during the New York AM session, aiming to lure breakout buyers above yesterday’s highs.

Once that buy-side liquidity is taken, I’ll look for:

A Market Structure Shift (MSS) on the 5M or 3M chart.

Entry on a Fair Value Gap (FVG) or a refined Order Block.

Stop Loss just above the Friday high (above the sweep).

Target 1: Return to the weekly open area or 1H OB.

Target 2: 23,880–23,900 → previous BPR zone and discount level.

Confluences:

✅ Daily BSL swept.

✅ Asian MSS already occurred.

✅ Price is sitting inside premium & consolidating.

🔍 Watching for SMT divergence between NQ and ES (S&P) – if ES breaks high and NQ doesn’t → bearish confirmation.

Execution:
Will wait for price to spike above the current range (Judas), then confirm BOS/MSS and enter short on the retracement.