NQ1! NASDAQ 100 -- Trade Setup and Other Levels to Look at.
NQ1! Not one to BUY breakouts, but they do occur so its really a matter of when one should trade it.
The chart is pretty simple with the initial BUY point I'm looking at for the open/new week with potential for moves up as the breakout - STOP is approx 20 points. Great R:R.
If price moves lower, there are areas where better BUY's could present themselves. Overall, charts are telling me that we may close in on NOV'18 HI's.
I have indicated price level of 7070 as an area where my bias will change for the shorter term.
The chart is pretty simple with the initial BUY point I'm looking at for the open/new week with potential for moves up as the breakout - STOP is approx 20 points. Great R:R.
If price moves lower, there are areas where better BUY's could present themselves. Overall, charts are telling me that we may close in on NOV'18 HI's.
I have indicated price level of 7070 as an area where my bias will change for the shorter term.