I hate to say I told you but I warned about this crash at my analysis back at September 2024 for NQ1! (you can see it at related ideas below), anticipating market moves based on structure well before the narrative around election and tariffs even began circulating.
We often see markets engineer these kinds of dramatic dives below obvious lows. This projection towards the 4.0-5.0 zone looks characteristic of such a liquidity hunt, designed to clear out sell-side stops and shake out traders before a potential major move higher – a dynamic not unlike what we anticipated previously.
While the projected sharp drop on NQ1! below key levels like the Monthly Order Block near 3.0 and the AG (actual gap) level near 3.5 might look aggressively bearish, I'm viewing this as a potential setup for a significant buy opportunity.
My attention is focused on that "Possible reversal level 1" between 4.0 and 5.0. If price stabilizes and shows rejection signs within this zone, it could signal the start of a powerful rally, potentially targeting levels back up towards the 1.75 area or even revisiting prior highs.
Remember, these market structure plays can take time to fully develop, just as previous setups did. We could see NQ consolidate or even briefly dip lower within that 4.0-5.0 zone before the anticipated upward reversal truly gains traction.
Thanks for reading, boost and follow to stay liquid and not become liquidity.
Wish you safe and informed trading decisions.
___________
NQ1!
VIX
We often see markets engineer these kinds of dramatic dives below obvious lows. This projection towards the 4.0-5.0 zone looks characteristic of such a liquidity hunt, designed to clear out sell-side stops and shake out traders before a potential major move higher – a dynamic not unlike what we anticipated previously.
While the projected sharp drop on NQ1! below key levels like the Monthly Order Block near 3.0 and the AG (actual gap) level near 3.5 might look aggressively bearish, I'm viewing this as a potential setup for a significant buy opportunity.
My attention is focused on that "Possible reversal level 1" between 4.0 and 5.0. If price stabilizes and shows rejection signs within this zone, it could signal the start of a powerful rally, potentially targeting levels back up towards the 1.75 area or even revisiting prior highs.
Remember, these market structure plays can take time to fully develop, just as previous setups did. We could see NQ consolidate or even briefly dip lower within that 4.0-5.0 zone before the anticipated upward reversal truly gains traction.
Thanks for reading, boost and follow to stay liquid and not become liquidity.
Wish you safe and informed trading decisions.
___________
Telegram: t.me/tradeconfirmed
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Telegram: t.me/tradeconfirmed
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.