NQ Hourly Trade Aug 12 Tue

Scenarios:

Buy only when closing above 800 meaningfully

Breaking 580 means trend change in 4H to 15 min

Signals:

  • Monthly pin in Apr
  • Weekly bearish BE negated
  • Daily 3B TS on Aug 8

Dow trend:

  • Daily up, change at 22750
  • 4H up, change at 23580
  • 1H sideways, change at 23580
  • 15 min sideways, change at 23580

BC trend:

  • Daily up
  • 4H up
  • 1H down

800 resistance above, first revisit

  • 1H pattern: ascending wedge
  • 4H pattern: ascending wedge
  • Daily pattern: channel
  • 1H squeeze after sell signal
  • 4H ATR ~ 100
  • 1H ATR ~ 50
  • Above FOMC AVWAP

ETH TPO

Single 586

RTH TPO

POC 680 -> 730

High volume bar?

  • Volume average

BB lower band (3SD):

  • Flat

BB upper band (3SD):

  • Flat

Z-score >2 or < -2?

  • 0.7

ATR/SD correlation > 0.9?

  • No