MNQ Analysis
Early this week, we will be patient for possible sellers to form a pullback targeting unmitigated demand. In that scenario, we would trade internal (low time frame) supply zones as price falls to demand. Within this area of 1h demand, long trades will be taken from refined external demand zones.
If a pullback doesn’t start and sellers don’t show, we will wait for buying volume to print new demand to trade from.
If a pullback doesn’t start and sellers don’t show, we will wait for buying volume to print new demand to trade from.
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