A short-term idea about NQ
The
NQ1!
priced exactly as we want heading for the ATH...but we don't care about this, this chart is a short-term chart that I think it will play out tomorrow. We saw a stop-hunt and MSS in the 15min chart. We broke above the FVG I pointed out in the 1Hr chart. If, in the next few hoers, we retrace back to this, we expected to work as a IFVG pushing price to the upper FVG I pointed out. Maybe we won't retrace and head to the upside so we expect to see a small or a mid retrace to the upper FVG to continue the upper movement.
NQ1!
priced exactly as we want heading for the ATH...but we don't care about this, this chart is a short-term chart that I think it will play out tomorrow. We saw a stop-hunt and MSS in the 15min chart. We broke above the FVG I pointed out in the 1Hr chart. If, in the next few hoers, we retrace back to this, we expected to work as a IFVG pushing price to the upper FVG I pointed out. Maybe we won't retrace and head to the upside so we expect to see a small or a mid retrace to the upper FVG to continue the upper movement.
Comment:
Price did exactly what we have pointed out yesterday. If we want the upper movement to continue we should not see the FVG to be filled 100%. If it fills we should be mindful about a reversal to the downside heading towards the FVG that is resting bellow or the sell-side liquidity on the recent short-term low
Comment:
After the Market open the price run exactly as we pointed out to the previous idea. We filled 100% the FVG that pushed price lower to the FVG and eventually to the sell-side liquidity I pointed out(checkpoint 2).Let's see how price will react now ,maybe running to the upper FVG