nq 15 min update

Overall Idea

(Not financial advice)
The chart shows a price pattern forming after a strong move upward and downward, followed by a consolidation phase. The diagram highlights targets, supports, and a gap fill area, helping determine bullish vs. bearish scenarios.

Wave Structure (A → E)

(Not financial advice)
On the left side, there's a labeled price swing (A–B–C–D–E).
This represents a sequence of higher-lows and lower-highs, ending at point (E).
Point (E) acts as the base from which the next structure begins.

Triangle Wedge Pattern

(Not financial advice)
Right after point (E), the market forms a tightening triangular structure

Upper descending line seller pressure

Lower ascending line buyer pressure

This pattern shows compression before a larger movement.

Gap Fill Area

(Not financial advice)
The GAP FILL zone inside the triangle marks an area where price previously skipped quickly.
Price often returns to such zones, creating

temporary support

or a magnet before continuation

Price Targets

(Not financial advice)

1ST TARGET

Primary upside objective if price breaks above the triangle.

2ND TARGET

A farther target indicating strong bullish expansion.

Support Levels

(Not financial advice)

1ST SUPPORT

Closest support maintains bullish structure.

2ND SUPPORT

A deeper structural support.

3ST SUPPORT

Strongest support and major turning point.

Bullish vs. Bearish Line

(Not financial advice)
The dashed horizontal line at the bottom marks the key boundary

Above → bullish

Below → bearish