looks like TP10 is in on the 32m signalling the low of the day is in and the 128 continuation continues.
As long as the low on the TP10 low of the 2m, holds, the 8m chart will see a pump into the PMI news at 10am ET.
Targets laid out with blue lines for prices #NASDAQ
$NQ hit the end of the day pop. the build up to here shook out a lot of people who may have gone short. Everyone else is asleep from the morning accumulation.
This strategy is sniper accurate!
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2 Options for $NQ today if the 8m makes a LL below TP6 (right)
1) If theres a 32m candle close below the red box (left), price is likely moving LL
2) If price never closes below the redbox, the price can rally higher before it decides to take out the lows.
Stay tuned #NASDAQ
There is evidence, the down move is over, and will continue up to until tomorrow.
Turningpoint 5 on the 32m will most likely coordinate with TP1 of the 128. if the 8m high gets taken, the low is most likely in and will continue up.
Today's objective of the NDOG was snatched
this is ALL BASED ON the 2m (left) holding the low it shares with the 8m chart (right).
As of now, there was no HH on the 2m.
8m needs the higher high to confirm low is in
Once I am in, I make sure the structure holds with LL-> LH moves on the 7.5s and 30s chart
For taking profit, I have 7 levels based on key fib extensions. I coordinate these with gann square arcs across different timeframes and average them out
#Takeprofit#daytrading#Nasdaq
One of my take profit and entry strategies is using my fib retracements.
TP1 on its expansion to create a LL is used as the base of the fib bounce.
Then I look for points of interest near .618; .70; and .79
Once hit, I drill down to 30s ensuring structure and enter
Quick pre-bell short. I began working this short when I saw the LL LH structure on the 30s (right) hint that the 2m turned. The initial push took out the turning point10 signalling an above timeframe BOS. Im targeting the NDOG at $26,776 on #NASDAQ