NQ bullish scenario on the 4h. After breaking the previous 3 top resistance levels NQ could keep running up; before taking longs it will be a good idea to ask certain questions like - Is this a healthy uptrend with Higher highs and lower lows? As of now, it seems undecided since it just broke the resistance; it will be preferable to wait for a healthy pullback...
NQ 1H ideas for the rest of the week 4/21 night seccion 4/22 and 4/23. NQ looking broke the previous downtrend that started at the start of this week since 4/18; although it broke the downtrend the question next would be will it break the previous resistance (13940.00). As the chart shows on the purple box we can see that it chopped around this areas (13820.00...
NQ1! Daily chart: NQ has been aggressively bullish to continuously make new all time highs. Even after dropping to 12200 on March 5th it managed to make a new high on April 16 even though it was not during the regular hours. Personally, I was expecting a pull back to around 11500 but It managed to squeeze most of the shorts around 12200. As now it looks like it...
if break the previous we are on we could see go to that trend line and take a break there might bounce or break down wait for confirmation before you short
we had a sell off after breaking out, we are at a key level and a bit oversold on the RSI so it could bounce here.
Even though we are in a support on NQ we could see more down side so if break this support I wouldn't be surprised to see NQ going close to 12410.00 and if it doesn't seem to hold there could be a huge short to the downside
NQ daily bull scenario since we are on a support around 12850.00 but something to keep in my we broke that uptrend. On the RSI it looks oversold so I won't be surprised to see a bounce here
we might see a nice break out here if we do it could show us that the bear time is over again
last nights support and resistance.... ESH1 break out of the previous resistance what I would like to see next would be a break out of that trend line