NQ One hour time frame_Bullish_+1,668 ticks
The NQ one hour time frame is in an up channel.
The market hit the bottom of the channel and is
starting to push bullish toward the top of the
channel. The market has an up Fibonacci with
an extension price point 21454.25 which is above
the market. However, a good exit will be the daily
future high price 21357.75 about +1,668 ticks above
the market.
Entry: Counter trend line break bullish in the buy zone.
STOP: 20421.25
LIMIT: 21357.75
Another entry idea: As long as the one hour time frame
stays in the buy zone. It will be a good idea to look for
long ideas off the five minute time frame to lower risk
in ticks.
The market hit the bottom of the channel and is
starting to push bullish toward the top of the
channel. The market has an up Fibonacci with
an extension price point 21454.25 which is above
the market. However, a good exit will be the daily
future high price 21357.75 about +1,668 ticks above
the market.
Entry: Counter trend line break bullish in the buy zone.
STOP: 20421.25
LIMIT: 21357.75
Another entry idea: As long as the one hour time frame
stays in the buy zone. It will be a good idea to look for
long ideas off the five minute time frame to lower risk
in ticks.
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