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NQ looking higher

A tightening range that wants to break higher

NQ likes to do this. Drops down to that 80 area, then bounces back up, creating a higher high in the 5m chart and consolidating above the 8300 roundy in a small range. This would be for me a good opportunity for a long trade to go retest the 20 level for a 10 points profit, keeping my risk at 5 points at the most

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1 Comment

Scott Pulcini
Scott Pulcini
Dec 06, 2019

The target at the 20 level got hit with a fast sweep up taking the all liquidity.

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