MNQU2024 Demand Zone for Limit Entry
Updated
This a zone of more willing buyers than sellers followed by an explosive rally. I am predicting price will pullback and bounce from this area in green. I set up two targets (a 1:1 & 5:1 Reward to Risk ratio), a buy limit entry price, and stop loss to set rules in place for the trade.
Note
EDIT Sell Stop Market @ 19,234.75 NOT 19,237.50.
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