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ShoaibHakiim
Oct 17, 2022 8:55 PM

1 hour Time Frame Analysis in NQ is in uptrend Long

E-mini Nasdaq-100 FuturesCME

Description

1 hour Time Frame in NQ is in uptrend if it breaks the outer up trend line and resistance Price at 11134
And re test it then the chances of the market to hit up Fibo target 11549 as it already retraced it to 0.618.

Comment

NQ 1 hour TF hit the 1st Target of 11320 an almost 150 points an approx $750 gain on EMINI.
Its recommended if the NQ retest the price of 11133. or break the high of 11320 for 2nd target 11549.

Trade active

Comment

Nq didnt breaks the pivot of 11136 and if the 12noon candle on today oct 20th in 1 hour tf closed bullish and next candle open above, then there is a chance that Nq will rally toward the final target of 11549

Trade closed: target reached

Comments
ShoaibHakiim
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