Chart Idea - NQ Short -- 3/27/2024
Updated
I am short on NQ if it breaks 18457. It touched the support two times already. MACD and RSI are pointing towards the downtrend in short term. I believe it should come down into golden pocket where you can see the FVG as well, fill it first and then decide where to go from there.
Short setup on NQ
Entry: Take short if 18457 level breaks
SL: 18527
TP: 18381 (0.5 fib level)
Short setup on NQ
Entry: Take short if 18457 level breaks
SL: 18527
TP: 18381 (0.5 fib level)
Comment
SL hit - Trade invalidated nowIt is testing its diagonal resistance and bias is still towards the downside unless it breaks this resistance with high volume. Currently very low volume support. High probability is still there to go down and fill FVG and test the golden ratio area before making another move. Will update soon
Comment
Trade was successfull- Hit the areas of FVG and golden pocket before making another leg up.
Trade closed: stop reached
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