E-mini ES 2019/08/21

Bull gap, mid range, Opening Range, bear MC, 1IB, fBO, 1tF BT, DT, DB
FOMC report, small Trading Range day

Nice confirmation from the BuySell Pressure Indicator and the 5 tick failure on the fBO of the Opening Range.
The three higher time frames (15, 30 and 60 minutes) had trading range bars for the 1st bar. This might have been an early indication to look for fBO at the extremes of the day.

daily chart
Always In Long (AIL) since 08/19
another attempt to close that gap with the 08/13 close


Leave a Reply

Your email address will not be published.

if you post a comment, we save your comment text, name, email address and website (if provided), also time and date - see also our Privacy Policy