I anticipate move to the upside => around 8.30 start of the decline = > when decline is finished reversal to the upside. The possible scenario is on the chart
Note
Price action is making into the new highs. The reversal to the downside is close by time. The reversal should be soon or this will be another one way upside day.Note
I anticipate up retracement first before going anothe leg down.Note
NQ reached into the target for the decline. Looking for the reversal to the upside.
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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.