Nasdaq price delivery 8/12/2025

This is the 15 minute chart of Nasdaq on Monday 08/12/2025. The Nasdaq was bullish on the weekly and daily basis. However this week we have FOMC on wednesday and NFP (delayed) on Friday. We expected a level of retracement to take internal range liquidity. Also if we look at the price delivery, there was a larger market maker buy model in play. Last week there was lot of back and forth action. This suggested accumulation to me. So we expected a liquidity raid before a move higher.

Earlier today the price took out the asian session high in london. We took a short based on this to target the asian low. But price immediately rallied and i was stopped out. At the New York premarket session, price took the london high and we immediately took the short. However we were not able to monitor price. The price took the NYPM high at NY open before falling hard. I took additional positions as the price took the NYPM high. It took some time before price started to go lower.

Price eventually took out previous day low.