1 hour Time Frame Analysis in NQ is in uptrend
This is a 2nd Fibo in 1 hour in up trend. If Market Rally up and break 11706 then the 1st target would be 11972. and 2nd Final target is 12315.
If the candle breeaks the inner red trend line to down wards then there is chance it could come to test 0.618 in downward or could move up from 0.5 of down fibo.
If the Candle breaks the outer blue line then its recommended to close the trade as then it will go for deeper retracement till 0.786 point down fibo or could change the trend.
If the candle breeaks the inner red trend line to down wards then there is chance it could come to test 0.618 in downward or could move up from 0.5 of down fibo.
If the Candle breaks the outer blue line then its recommended to close the trade as then it will go for deeper retracement till 0.786 point down fibo or could change the trend.
Comment:
Nasdaq retraced till level of 786 of fibo so the current target is now changed to extension 11972
Order cancelled