The NQ one hour time frame is below the short
term down trend line. It will be a good idea to
wait for the market to enter and close above
the short term down trend line before looking for
long ideas towards the monthly up Fibonacci.
Entry: Counter trend line break bullish in the buy
zone.
STOP: In the sell zone
LIMIT: 16072.25
Once or if the market enters into the buy zone.
As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long opportunities.
term down trend line. It will be a good idea to
wait for the market to enter and close above
the short term down trend line before looking for
long ideas towards the monthly up Fibonacci.
Entry: Counter trend line break bullish in the buy
zone.
STOP: In the sell zone
LIMIT: 16072.25
Once or if the market enters into the buy zone.
As long as the market stays in the buy zone. It
will be a good idea to turn to the five minute
time frame and to look for tunnel trader long /
destination trader long opportunities.
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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.
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.