NQ Short Idea

Entered bear channel and at least a potential retest of demand zone. However could also be a diagonal upward. Look for lower highs and lower lows on the lower time frames (5,10,15,30) to confirm this trend.

Note

Note

Minor channel upwards is still intact, if a break underneath the channel happens, can almost guarantee a retest of the low.

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A close above 18175 would make this bear channel invalid.

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Bullish idea if uptrend stays intact.

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Final comments, wait to see how price action is an hour before london and will evaluate. Uptrend is intact but we have sell signals within the indicators on the 1h

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Short is under way.

YoJah

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YoJah