The NQ one hour time frame is in a down trend and has a down Fibonacci.
Entry: Counter trend line break bearish in the sell zone.
STOP: 11488.75
LIMIT: 10556.00
Once or if the market provides the one hour entry. As long as the market stays in the sell zone. It will be a good idea to turn to the five minute time frame and look for chandelier traders / destination trader / tunnel trader short ideas towards the one hour price target.
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