Tuesday, February 14, 2023
I’m glad I missed this setup because the Equilibrium line not being on the FVG would have given me hesitation.
But notice the relative strength: NQ went 4x farther passed Buyside Liquidity than ES. So that made NQ stronger on the way up. So expect ES on the way down to go farther than NQ. And that is exactly what happened.
Application: If one had gone short in this mostly ICT 2022 Mentorship Sell Model, use this relative strength idea to fine-tune your profit target. If short on ES, aim for a new low since ES was stronger going down. If short on NQ, aim for something in the OTE range