In-depth Trade Breakdown - NQ Short (continued in the comment section)
Higher Timeframe Context As I mentioned in yesterday's outlook, I had no interest in longs. The market had already rallied aggressively from the lows, and I felt there were too many confluences working against further upside. My focus was exclusively on finding short opportunities. One of the key reasons for this bias was the presence of a clear 1H Order Block sitting in premium of Friday's range. My expectation was that if price could sweep the previous day's high and trade into that area, there was a strong possibility of a reaction. The objective was simple: allow price to reach liquidity, enter premium, and then look for bearish footprints.