Nasdaq approaching two key zones on H1 to seek support

3 thg 3, 2021

I was too optimistic yesterday. My pre-drew key zone of last week still held. Price didn't mange to close it! You can still have good setups(making money) even you're wrong about the market move. Please refer to my comment of the linked idea.

What's next for NQ? Now it's heading for two demand zones which buyers may come in:
1. Nearest demand zone
2. Daily range area.

long setup trigger: 1m/5m reversal pattern!

3 thg 3, 2021

Ghi chú

Now, the first zone touched. Need to check the price action on 5m or even 1m. I observed pause which is a good sign!

3 thg 3, 2021

Ghi chú

The first zone is violated with no bullish setup opportunities.

4 thg 3, 2021

Ghi chú

Both zones violated with short opportunities on 5m. Plan to long with no chance.

4 thg 3, 2021

Ghi chú

I spot a nice short setup in Asian session. Momentum + Fib + Control high. It's a high probability trade setupl

4 thg 3, 2021

Ghi chú

Watch the formation violation on the zone. Now, the zone is firmly violated. Looks momentum is accumulating to prepare for rallies.

4 thg 3, 2021

Ghi chú

After the high probability short setup violated, I have to change the mind and look for bullish setup. Do remember if key zone violated, look for opposite trade setups.

4 thg 3, 2021

Ghi chú

The uptrend continues.