The Daily Edge - 19th Feb 2025

Trading the Consolidation: Positioning for a Potential Reversal

Market Overview

Tuesday remained within consolidation, and closing above Friday’s open.
Preferred long entries remain near 2860 for better risk-reward.
Midweek reversal potential in play, positioning for shorts at 2940 highs.

Key Observations

2940 tested, but not an ideal long entry – 2860 remains the better zone.
Entered shorts at 2940, targeting the consolidation low.
1H Market Maker Sell Model aligns with short bias.

Our Next Steps

Manage short positions – Adjust based on price behavior.
Monitor midweek reversal potential – Look for confirmation.
Remain open to invalidation – A break above 2940 requires reassessment.

Reflection Prompt
How does recognizing Market Maker models alongside higher time frame structures improve conviction in trade setups?

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