Bias Was 100% Right, But No Trade Taken! Here is Why 🧠📈
Today's NASDAQ (S&P) market analysis was completely spot on! We predicted a bullish sweep above the previous high to grab buy-side liquidity, and market delivered exactly that expansion.
However, I took NO trades today. Why?
ADR (Average Daily Range)Exhausted: Price had already expanded heavily and breached the Average Daily Range before giving a proper low-risk entry.
Monday Dynamics: Entering an overextended market on a Monday often leads to bad risk-to-reward ratios and potential traps.
#NASDAQ #S&P500
DISCLAIMER : This is for educational purposes only not recommended for any financial advice and signal
Today's NASDAQ (S&P) market analysis was completely spot on! We predicted a bullish sweep above the previous high to grab buy-side liquidity, and market delivered exactly that expansion.
However, I took NO trades today. Why?
ADR (Average Daily Range)Exhausted: Price had already expanded heavily and breached the Average Daily Range before giving a proper low-risk entry.
Monday Dynamics: Entering an overextended market on a Monday often leads to bad risk-to-reward ratios and potential traps.
#NASDAQ #S&P500
DISCLAIMER : This is for educational purposes only not recommended for any financial advice and signal
