Why Long Bias on Friday Was a Trap (And How We Nailed It Live)

Shawn Ray
Aug 31
2 min read

Updated: Sep 17

Many traders approached Friday with a long bias.

Some saw the daily candle starting to bounce. Others pointed to previous reversal days that came off the 21 EMA. A few even thought it was a perfect “buy the dip” moment — because technically we were near a moving average cluster.

But here’s what most missed:

📉 Structure was broken.🔻 Momentum was heavy from the open.📍 Daily resistance + EMA rejection was clear.

The Proof: Daily Chart Rejection

Look at this daily chart from NQ:

Price rejected the 9 and 21 EMA cluster
Bearish engulfing setup confirmed with volume
We never reclaimed the prior day’s close

This wasn’t a reversal day. This was a continuation breakdown.

And while others were trying to go long at the open…We were already planning for a short bias.

🔍 The 5-Minute Told the Real Story

If you zoom into the 5-minute chart, it’s even clearer:

Immediate sell pressure off the open
No bounce attempt ever reclaimed VWAP
Price consolidated below moving averages
Clear 3-bar play forming early in the session

This is the exact moment we called it live in the room: “If we can’t reclaim VWAP by 10AM, this day is a trap for longs.”

And that’s exactly what happened.

We stayed short-biased and caught the downside move.

✅ Our Live Stream Nailed It — Again

This isn’t hindsight.

In our pre-market broadcast, we outlined the key pressure zones.We said it clearly: structure must flip for a reversal to matter.

We highlighted:

21 EMA as a resistance
Key lower high zones from prior sessions
No green light until VWAP + EMAs were reclaimed

Then in the live stream, we watched price action unfold:

Traders got chopped trying to catch the bottom
We stayed patient
When structure confirmed — we shorted with conviction

We don’t just trade — we teach live.

And Friday was one of those perfect sessions that proves:

Context wins. Setup follows. Emotion loses.

💡 Trader Takeaway: Red Days Aren’t “Buyable” Until Structure Flips

If you went long Friday and got stopped — this is your turning point.

Here’s what you need to remember:

✅ Reversals are earned — not assumed

✅ Daily EMAs + failed reclaim are powerful warnings

✅ No VWAP reclaim = no reason to be long

✅ 5-min structure confirms the trap — if you’re reading it right

🚀 Ready to Trade With Us Live?

We don’t just recap trades after the fact —we prep, plan, and execute them live every day.

When Friday looked uncertain, we had a clear process:

Pre-market plan called for short bias
Price confirmed it with structure
And we showed our community how to trade it in real time

Now it’s your turn to learn how this works.

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Regards

Shawn