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Continuation Lower.

Yesterday we sold off over 1,000 points, and I'm looking for a continuation lower. The highs come first: a run through the 1H high and the London high / overnight high into the 4H bearish FVG, a no-long area. From there, lower through the London low / overnight low toward the previous day low from 11/05. No sweep of the highs, no short.

Take The Lows, Then Higher.

I'm bullish today, but the lows come first. The path is a dip through the midnight open and London low into the overnight low and the external 4H sell-side liquidity, then higher through the London high and overnight high toward the 1H highs from 11/04. Price is sitting under a 4H bearish FVG, so the long has to prove itself. No dip, no trade.

Missed The Move? Wait For The Next One.

My first long off the sweep of the Asia lows went to breakeven, and price ran without me. I didn't FOMO into the longs. I waited, and the next setup was the short off the equal highs and data highs, rejecting a 15m bearish FVG with a CISD entry. +3R, both trades A+. Miss one move? Wait on the next.

The Read Was Right, The R Didn't Follow

The read was a manipulation higher before lower prices, and that's exactly what happened: price ran to the 28,860 high, then sold off to about 28,610. I took three longs into the high: a CISD reversal and a CISD continuation that both closed at breakeven, and an IFVG continuation that stopped for −1R. Net −1R. Next week I'm watching for a continuation lower.