12-12-2023 Tuesday Profile $NQ

2023년 12월 13일

Tuesday’s profile yesterday was tricky on both sides, eventually, strong bullish fundamentals give us a bullish continuation.

After CPI heavy impact news, price dropped heavily into a discount to M30 FVG, supported with Weekly VWAP, creating a nice M3 +Breaker, and the rest is bullish following patterns targeting the previous Swing high before the red news and its Rejection block.



London Session: from 9:00-10:00 AM CET it offers price in premium array with some LTF bearishness to the downside, it was a nice move to catch some solid RR before the price moved into the consolidation stage ahead of CPI.

Even after CPI, read the news, we could have a solid 2RR Short, to keep the short-term bearish momentum down to the 16 200 level, however, once, the order flow started to change we needed to act properly and change bias back to HTF bullish.

New York Session: Since 4 PM CET, there is a clear +LTF Breaker formed, followed by +OB, it just gave us a bullish HTF continuation, while ES is filling its Daily Gap which had been created a few months ago.

For full details, see also this chart below, where is M30 w M3 Chart for better lower-time frame description