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PontusTrader

NQ strong support coinciding with G20 bull flag

Long
US Nas 100 (OANDA:NAS100USD)  
PontusTrader Mis à jour   
OANDA:NAS100USD   US Nas 100
Flag NQ QQQ nasdaq
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flagpattern nq qqq nasdaq
NQ 30 min - blue line is strong support, we have a big bull flag off G20 highs, we need to breakout of the flag and not break blue line support. So long as we stay above blue support line, I think odds are more in favour of a retracement.

Tight stop on blue line of course.
Commentaire:
Chart update. That flag breakout attempt was met with bearish strength.
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Bull flag hourly about to break out
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Bull flag breakout underway on the hourly, hourly candle closing in 4 min looking good here!.
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Update, upside target highlighted in red circle.
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NQ Upside target - top chart is 1 hr, price is about to breach upper bollinger band hourly, it will probably stall and not be faded. 4 hr chart bottom shows bullish engulfing underway, this is very bullish
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Upside target update - getting there!
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Upside target reached and popped over. Price is now outside hourly bollinger bands.
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Clause de non-responsabilité

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