High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A sideways consolidation pattern for NQ on Friday, setting up a high probability large trending move on Monday, up or down.
Key inflection price level for NQ is at 18,560, bullish above, and bearish below it.
On the 60-minute chart, NQ looks ready to drop down to 18,300, with first support at 18,380. To do so NQ would need to drop below 18,485.
If NQ should trade above 18,560 we could still see NQ rallying back up to its next upside target of 18,850.
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The investment strategies mentioned here may not be suitable for everyone. Each trader or investor needs to review an investment and trading strategy for his or her own particular situation before making any investment and trading decision.
All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.
Examples provided are for illustrative educational (or "informational") purposes only and not intended to be reflective of results you can expect to achieve.
