NQ Trade Plan 02/16 - Bullish & Bearish Scenarios

Looking at Hourly chart there's bearish divergence and if we fail to take over yesterday's high shorts are in play. But if Prices moves up with volume, RSI will likely make a new high as well and bearish divergence will be nullified hence we are ready to trade both sides of the market and grab potential 50+ point moves in either direction

Trade Plan 02/16 (After NY Open)
a. If R1 Holds after 8am (news), go long on retracement
from yesterday's breakout zone targeting 18040
b. If we reject from R1 and fail to hold 17890
on retest, go short targeting 17820
c. No trade in any other scenario