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.
