Daily Narrative · Top-Down

November 5 — NQ 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, overnight high and 1H highs from 11/04. Price is sitting under a 4H bearish FVG, so the long has to prove itself.

BULLISHNQ FuturesNovember 5, 2026 · Pre-MarketLows First4H SIBI OverheadDraw: 1H Highs 11/04
The Read In 30 Seconds
4H
Price sitting under the 4H bearish FVG (SIBI)
Below
External 4H sell-side liquidity + overnight low 11/05
1H
Dip through the midnight open + London low first
The draw
London high, overnight high, then the 1H highs from 11/04
Trigger
The reaction after the lows are swept, not before
Respect
The 4H SIBI. Longs have to close through it
4H4H — Price Sitting Under The 4H Bearish FVG1 / 2
NQ 4H — 4H — Price Sitting Under The 4H Bearish FVG

On the 4H, price is sitting right under a 4H bearish FVG (SIBI), with the external 4H sell-side liquidity below. That SIBI is the thing standing in the way of higher prices, so any long today has to prove itself through it.

1H1H — Take The Lows, Then Higher2 / 2
NQ 1H — 1H — Take The Lows, Then Higher

The path: a dip through the midnight open and the London low into the overnight low from 11/05, taking the external 4H sell-side liquidity with it. From there, I want higher prices through the London high, the overnight high and the 1H high from 11/04, up to the next 1H high from 11/04 above.

The One Thing To Respect

Price is sitting right under a 4H bearish FVG. That gap is where sellers stepped in last time, so I'm not buying into it. I want the lows taken first, then a reaction with a CISD before I look long.

My model enters on the reaction to the sweep, not on the direction being right. No dip, no trade.

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