NQ futures have painted a fairly steady regression trend channel since Hallowe'en 2023.
It is comforting to consider that 4 out of 5 channel breakouts fail. With this in mind you'd You'd have done especially well buying all the channel bottoms over the past 4 months.
On the other hand, unless NQ can push above 18200 and stay there, the next channel bottom could be the 1 out of 5. Even a small pullback would be very profitable.
Enterprising traders could consider shorting the yellow box with a tight SL and setting a TP at 500 points or more below the trend channel.
It is comforting to consider that 4 out of 5 channel breakouts fail. With this in mind you'd You'd have done especially well buying all the channel bottoms over the past 4 months.
On the other hand, unless NQ can push above 18200 and stay there, the next channel bottom could be the 1 out of 5. Even a small pullback would be very profitable.
Enterprising traders could consider shorting the yellow box with a tight SL and setting a TP at 500 points or more below the trend channel.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.