PontusTrader

NQ weekly structure, mega sell off coming

Kort
CME_MINI:NQ1!   NASDAQ 100 E-mini terminer
I am posting this chart for posterity and for its beauty.

NQ weekly view since 2015, we have a very large megaphone pattern (generally bearish and chaotic). If you see the pink circles in the top right corner, this megaphone was never supposed to break to the upside but they juiced it anyways... you can tell because they needed 3 retests of the breakout to finally confirm it (lots of people were selling that breakout). Green highlights just identify very strong long term supports. I fully anticipate that the entire price discovery outside the megaphone will result in a very big trap for bulls / head fake.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.