+9.34

NQ

Had not seen this on the 4H, but this indicates manipulation from CPI news. Good pattern for shorts

Dexter CPI analysis

The dealing range is based on the hourly, last four 1H candles. (Tbf, I don’t know if I would’ve caught that. I would’ve just pulled it from previous lows instead.)

Either way, closure below EQ gives me the short bias, BUT CPI typically strikes the highs and lows of the CPI liquidity. Therefore, if the 5m closed above 10:00 open and traded above 1/5m first presentation, long bias to take out CPI liquidity highs.

Closure remained below 10:00 and rejected FP. I was already in. If I had seen the 4H, I wouldn’t even consider CPI lq highs.

BE

Exit

Good

Neutral

• Didn’t load up position though opportunity to load up was scarce. Perhaps once price started distributing away from 10:00 and closing below, it might’ve been the time to add.

Bad