DEVELOPING. NQ 60-min. Long/Bounce.
Looking to play tech for a bounce here. Demand Zone is sourced from 60-minute chart within the context of longer-term timeframes. As overarching market structure is somewhat of a concern, look to harvest short-term profits quickly and leave runners for intermediate-term swing long if able. Safety first!
Note
Trade working well so far! Can take partial profits and let remaining contract(s) do their thing(s). Not a lot to stop bullish price action until higher (~15350), but will of course have hurdles to clear en route. Remember to keep tabs on correlated markets while managing trade (will be posting more on this in the future).
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.