I have entered a longer term short in NQ.
The timing may not be exact yet, but I no longer am willing to wait for higher without a position.
Loss of the 45 area will aid in confirming the idea, and I will add to the short if/once that area is lost.
Target in Gold.
I'm ready for a sell...
Red line denotes significant level, if we get below, I am looking for the lower targets.
If we are shifting bullish on approach to red, looking for a rebound instead of lower tests (for now)
Pretty good Risk Reward here. GDP news out this morning, so taking a position here in case we can at open. Stops above new highs in case we continue up.
Liquidity from news, dizzy up, and favorable Risk:Return driving this trade. If it's wrong, it will likely be very clear.
Here's what I'd like to see for the Daddy Coin. Plan to buy heavily at first resistance zone and watch closely. Much lower chance we retrace all the way down to the lower buy zone, but if we get there, fill your bags.