This is the NQ at the daily view. It's been in a channel for nearly 4 months ago. It somehow survived the recent bull runs.
You don't need all the fancy indicators. Sometimes, all you need are the basics like pattern recognition. My bias is going long at the bottom of the channel. If I were to short, short small positions at the top of the channel. It's a rising channel. Shorting is more profitable in a confirmed downtrend.
You don't need all the fancy indicators. Sometimes, all you need are the basics like pattern recognition. My bias is going long at the bottom of the channel. If I were to short, short small positions at the top of the channel. It's a rising channel. Shorting is more profitable in a confirmed downtrend.