As the NFP data is going to be released in less than 10 min, NQ has come to 1H supply zone which it has to go through to finish a rebound on the daily.
Daily: I got long-term MA + Flip + 10% correction
Hourly: With higher high coming to attack the key supply zone(1st try).
I'm bullish on NQ for sure. However another possible scenario is the daily zone violation. To deal with the situation, I drew a possible red line.
I just checked US 10Y yield and it's been up by less than 1%. Actually, folks will be tired of reading the figure. The focus will be on corporate earnings.
Daily: I got long-term MA + Flip + 10% correction
Hourly: With higher high coming to attack the key supply zone(1st try).
I'm bullish on NQ for sure. However another possible scenario is the daily zone violation. To deal with the situation, I drew a possible red line.
I just checked US 10Y yield and it's been up by less than 1%. Actually, folks will be tired of reading the figure. The focus will be on corporate earnings.
Nota
NFP data is better than expected, indicating stronger economic growth. Good means bad now and investors are concerned about possible tightening monetary policy.Nota
V shape completed. Come on, conquer the zone!Nota
1H supply zone conquered!
plan your trade and trade your plan
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plan your trade and trade your plan
Penerbitan berkaitan
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.