NSQ made a strong break out of 16300 lvl with nice volume candle. We have strong supply out of this move.
Its in a conslodation and forming a nice little flag.
We also have a gap. Most likely it gonna fill that gap.
4h breakout+consolidation+gap
This is a nice 6:1.
This is high quality trade.
You can enter after it break out of this consoliation or you can get in with another setup on 1h--> maybe a candlestick pattern.
Entry: 16200-16230
Targets:
1) 15900
2) 15550
SL: 4h close above 16300
Its in a conslodation and forming a nice little flag.
We also have a gap. Most likely it gonna fill that gap.
4h breakout+consolidation+gap
This is a nice 6:1.
This is high quality trade.
You can enter after it break out of this consoliation or you can get in with another setup on 1h--> maybe a candlestick pattern.
Entry: 16200-16230
Targets:
1) 15900
2) 15550
SL: 4h close above 16300
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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.
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.