NQ - POSSIBLE CUP & HANDLE? (PT17950)
https://www.tradingview.com/x/Zey7z9nK/
*Possible Cup & Handle Formation (1MONTH RANGE, 1HR TF)
- BULLISH BIAS SCENARIO: I find a decent FVG at previous level of 17650, suitable for a short-term retracement of (-.50)%.
- Personally a good-ole sideways action during this week's FOMC decision and other news/data coming out, will add to the suspense.
(Looking at the 1MONTH RANGE, 1HR TF).
- Thereafter, a continuation to the upside for a short to mid-term price target resting under 18000. Finishing our price target at 17950.
*Possible Cup & Handle Formation (1MONTH RANGE, 1HR TF)
- BULLISH BIAS SCENARIO: I find a decent FVG at previous level of 17650, suitable for a short-term retracement of (-.50)%.
- Personally a good-ole sideways action during this week's FOMC decision and other news/data coming out, will add to the suspense.
(Looking at the 1MONTH RANGE, 1HR TF).
- Thereafter, a continuation to the upside for a short to mid-term price target resting under 18000. Finishing our price target at 17950.
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