The NQ one hour time frame is showing signs of ending the short term down trend and starting the longer term up trend. The market has created an Up Fibonacci movement.
Entry: Counter trend line break bullish above 12962.50
Longer term LIMIT: 14895.50 Short term limit: 13691.25
STOP: 12962.50
Once or if the market enters into the buy zone. It will be a good idea to turn to the five minute time frame and look for tunnel trader long / destination trader long opportunities.
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