Potential Ascending Triangle (NQ Futures)NQ Futures could be trying to setup an ascending triangle to catch bears short at the bottom with major upside potential with a breakout and confirm. Will almost certainly coincide with data/news that will either play out a bear trap or a bull trap on the same timeframe for the next let the market takes. Often these patterns forming at the bottom of a range end up being bull traps but anything can happen and it's best to be prepared for whatever happens.by Eclipse_TradingUpdated 1
Can the HOUSE CAPITALIZE LONG this week on NQ...?CME_MINI:NQ1! "Excellence is not a singular act but a habit. You are what you do repeatedly." -Shaquille O'Neal Price has been respecting Demand day after day and now has officially broken the 4Hr Last Swing HIGH and caused a 4Hr CHoCh to the upside... Lets see if the HOUSE can capitalize a LONG this week... We will drop down to the LTF for entry once we have a HTF confirmation... Ill keep update as the market opens back up and price develops... Remember when it comes to FRM (Financial Risk Management) our job is to manage the downside costs of printing High side returns of $$$ consistently... Let's Step!! Stay Focused & Reach Excellence!! #BHM500K #NewERA #Champions Longby TreyHighPwrUpdated 2
Buys1. FSL 2. 1hr BSL 3. 45min bullish ob 4. Bullish Pennant 5. 15min Bullish OB Longby brittnie44Updated 2
NQ Just INVERSED The Daily FVG! Now What?-Buyside above -Daily Gap Inversed -Lets see if it acts as support or breaks to go lowerLongby adammeyer412220
Analysis for today 2I'm back with another analysis. I'm not sure yet, but I think that after buyside liquidity attacks, we might have a sell today. It seems that the first analysis worked. Congratulations to the traders who went long.Shortby TheNightB1
Analysis for todayOn the daily chart it can be seen that the market is bullish today. After taking the sellstop and accumulating strength, the market will make a brake in the market structure and we will look for a buy until the tp is close to the high of the day.Longby TheNightB3
Long idea on NQMy thoughts on NQ for tuesday trading. -We have closed above the daily fvg so that fvg will act as support. -The sensitive lvls are the high and upper 75% lvl and the MID -iI would anticipate London or new york to create the low of the day -We also have that 1 HR OB that can act as supprt Longby diegoulises2810
NQ Power Range Report with FIB Ext - 5/7/2024 SessionCME_MINI:NQM2024 - PR High: 18193.25 - PR Low: 18175.25 - NZ Spread: 40.0 No significant economic calendar events Continuing daily value climb - Opening in relative tight range inside NZ - Holding prev session highs below the close Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 326.30 - Volume: 14K - Open Int: 235K - Trend Grade: Bull - From BA ATH: -2.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone by mv3trader50
NQ1! Supply and Demand w/Volume Levels 5/6/24 Link to chart: www.tradingview.com Incorporating volume profiles from multiple TF (session vol. profile) to find previous day's VAH/VAL/POC and how we can potentially react off of them. With S/D zones, it can show as support/resistance for certain levels and aligning pivot points as 3rd confluence for potential influence of strong priced levels. Still working in how vol profiles fit into my strategy or may sit as a strategy alone. For the week, Bears look primed, would love to see a target area of 5/6 VAH where pivot P is sitting (18120-18130). If we can continue to sell off, then 5/6 POC is 18100. Eventually pushing into demand levels around 18000s as marked on chart. Bullish squeeze throughout this 1HR supply tops at18211 but would be interested to see us hit the Daily TF 4/5 POC 18276.50 as its close to pivot R1 on the 15min TF of 18270 as of time of posting. If we can push through then next level up 18303 lines up with multiple VAH/VAL/POC of 2 weeks of April's consolidation (look left). by tradeswithjess0
NASDAQ Futures I see the Nasdaq futures taking a pull back through the month of May down to bounce off the highs from 2022 (~16500). I think this will happen as the dollar increases due to the EU Bank cutting interest rates or at least hinting at cutting rates later this week before the US Fed does. CME_MINI:NQ1! NASDAQ:QQQ Shortby SwingTraderEd5
NQ - Where Will The Short-Term Retracement Stop?Similar to ES, NQ has been relatively choppy throughout the last trading week with liquidity voids popping up in the daily timeframe from Tuesday going into Wednesday, Wednesday going into Thursday and Thursday going into Friday with even a bit of a void in Mondays opening compared to Fridays Close. In relation to running buystops, NQ has not dealt that much damage if we was to compare with ES as the major sellside pool located @ $17,988 is still yet to reprice up into whilst with ES, price action is currently trading within a SIBI, above prior weeks buyside imbalance. Due to the implied volatility high impact news will create, especially on the busy days like Tuesday, Wednesday & Friday, I can expect a form of manipulation, in form of a retracement back down to the bullish $17,700 daily order block, possibly even lower to $17,450 for a continuation to the upside, targeting $18,100 lower displacement daily order block. First price point of interest is $17,988Longby LegendSinceUpdated 1
NASDAQ Uptrend Continuation Nasdaq 100 has fallen by 8.53% since its previous high. The market has now created a new higher high and higher low signalling strong bullish momentum. If price can stabilise above 18608, we can see price target all time highs. Longby TheForexMessiah1
Slapping upper channel resistancePrice has reached upper resistance with MACD divergence. If price breaks the fast MA and most recent pivot low -- taking a short to at least the median line.Shortby legendofthesavage1
ICT Mentorship 2022 Chart AnalysisUsing the attack plan of ICT mentorship 2022, after today's analysis the market would be bearish due to the gap on the daily. after we took the buyside liquidity area, we waited for a break in the market structure and after that we should look for a gap where we will execute the trade.Shortby TheNightB1
NQ: Minuette (b).Little trade idea. Seems like with the messy price action we have seen over the past couple of days, Equities might be reprimanded with one more trip down below to clarify for participants, does the market want a real rally, or just pump and chop dump fest. Irregularities dominated the price action in many assets I track this past week, but really, NQ has maintained, best of all, as if traders are seeking clarity over uncertainty. All magnitude would be well accounted for with an impulse down to the 17258 area, and a rally would be all but certain to follow...possibly even to retest the highs, or better, make new highs if this correction is complete. I am actually tracking this correction as THE correction, and cycle and primary waves appear in the chart as white and red, respectively. Time will tell where we end up, but for now, down, up, up, up, would be the action that I expect.by CuzDeluxUpdated 0
NQ Power Range Report with FIB Ext - 5/6/2024 SessionCME_MINI:NQM2024 - PR High: 18063.25 - PR Low: 18025.75 - NZ Spread: 84.0 No significant economic events Low vol start to the week - Holding inside Friday's highs Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Session Open ATR: 309.44 - Volume: 17K - Open Int: 237K - Trend Grade: Bull - From BA ATH: -3.7% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 18675 - Mid: 18106 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone Shortby mv3trader51
Bearish Looking for rebalance of price if price respects weekly resistance. Broke trend on the weekly chart and now currently filling daily imbalances to the upside. I am looking for lower prices by the end of may and mid june. for Q3 to be bearish. Macros news: Inflation Concerns: Inflation rates have been a major focus globally. Central banks in various countries are closely monitoring inflation data and adjusting monetary policies accordingly. Rising inflation can affect consumer purchasing power, interest rates, and investment decisions. Supply Chain Disruptions: The pandemic-induced supply chain disruptions continue to affect economies worldwide. Shortages of raw materials, semiconductors, and other essential goods impact production and lead to higher prices. Energy Prices: The surge in energy prices, including oil and natural gas, has implications for both consumers and businesses. Geopolitical tensions and supply constraints contribute to volatility in energy markets. Currency Movements: Exchange rates fluctuate due to economic conditions, interest rate differentials, and geopolitical events. A stronger currency can impact exports, while a weaker currency may boost tourism and certain industries. Geopolitical Risks: Tensions between countries, trade disputes, and geopolitical events (such as conflicts or sanctions) can create uncertainty in financial markets. Investors closely watch developments in regions like the Middle East, Asia, and Europe. Central Bank Policies: The actions of central banks, such as the U.S. Federal Reserve, the European Central Bank, and the Bank of Japan, significantly influence global markets. Interest rate decisions and quantitative easing programs impact investor sentiment.Shortby takeprofitpete1
Reversing Back to TrendThe trend is way below.. this could be one of the biggest drawdowns.Shortby otterslide2
NQ in Daily FVG. Now We Wait On More Information#NQ weekly outlook 👀 5/5/24 (overall need more information to be confident in the direction) by adammeyer4120
NQ in Daily FVG. Now We Wait On More Information#NQ weekly outlook 👀 5/5/24 (overall need more information to be confident in the direction) by adammeyer4120
NQ1! SHORT FROM RESISTANCE Hello,Friends! NQ1! is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 17654.00. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals114
NQ PRICE PREDICTIONnot true unless it is false, price prediction is all bade on the change of character followed by liquidity sweeps and buy side orderblocks, main expectancy is to sweep previous highs. sell side order blocks reversing to buy side smc/ict mixLongby InveniamTrades1