I am short on NQ if it breaks 18457. It touched the support two times already. MACD and RSI are pointing towards the downtrend in short term. I believe it should come down into golden pocket where you can see the FVG as well, fill it first and then decide where to go from there.
Short setup on NQ
Entry: Take short if 18457 level breaks
SL: 18527
TP: 18381 (0.5 fib level)
Nasdaq is looking for refreshment and thus is dabbling in the blue stream between 12317 and 11600 points in the sandy yellow river bed between 12894 and 10501 points. The index should dive a bit deeper into the water now to finish wave v in magenta just below the mark at 12100 points, but it could also decide to leave the river directly. In both cases, Nasdaq...
Hello traders,
So NQ shows yesterday an increasing trend. Currently we have a good sign to buy.
In fact with the high volume and the shape of the candle shown in the graph, we expect the continuation of an increasing trend, especially with the spring effect on the VWAP.
So the advice is for intraday trading, buying NQ will be a good trade
We sell at the next...
