NASdaq Futures - Asia Session

This trade is based on daily range contraction from previous day. Yesterday PA forms a indecision daily candle.

Today open and makes a high of the day that forms a power 3 pattern.

After the a daily contraction, I am expecting that next day will be an expansion, a continuation of Monday expansion move.


Fundamentally, COT report indicate that the large traders are building bog short position from 4.9.24 report

Kommentera:

Closed trade at 2.95R trade hitting the previous day low as initial target during Asia session.

I will look for opportunity in the London and US session

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