The NQ one hour time frame is in a short term down trend. The market has hit a future support area were the buyers could take control. It will be a good idea to wait for the market to break and close above the short term down trend line before looking for buying ideas.
Entry: counter trend line break bullish in the buy zone.
STOP: 15220.75
LIMIT: 16072.25
Once or if the market breaks the counter trend line bullish. 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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