NQ Hourly Trade Aug 1 Fri

Key points

  • Wait for 15 min trend reversal first

Signals:

  • Monthly pin in Apr
  • Weekly IB in Apr
  • Daily BE Jul 31

Dow trend:

  • 4H and 1H new low

BC trend:

  • 4H down
  • 1H down

All TFs up inactive

Not yet breached 200

  • 4H pattern: broadening triangle
  • Daily pattern: potential channel
  • No squeeze
  • 4H ATR ~ 130
  • 1H ATR ~ 100
  • AVWAP support

ETH TPO

RTH TPO

Triple selling at ~ 500, now moved to 400

High volume bar?

  • Volume higher

BB lower band (3SD):

  • Flat

BB upper band (3SD):

  • Flat

Z-score >2 or < -2?

  • 0.3

ATR/SD correlation > 0.9?

  • No