Just before market Open price dropped lower, I expect price to travel back up into the 15 m Gap and then sell off. This is the only setup I am interested in today.
The 15m level will be a resistance level for price. This level is derived from the last reversal. Since NQ was lagging, i expect price to use his level to squeeze the shorts out and start a new down trend.
If this does not happen and the highs get taken out, I will be flat today
Goodluck, Good trading.
F
The 15m level will be a resistance level for price. This level is derived from the last reversal. Since NQ was lagging, i expect price to use his level to squeeze the shorts out and start a new down trend.
If this does not happen and the highs get taken out, I will be flat today
Goodluck, Good trading.
F
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.