NQ Hourly Trade Aug 4 Mon

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 pending lower high
  • 1H new low

BC trend:

  • 4H down
  • 1H down

All TFs down active

Not yet breached 22800

  • 4H pattern:
  • Daily pattern: channel
  • 4H squeeze
  • 4H ATR ~ 160
  • 1H ATR ~ 120
  • Below FOMC AVWAP

ETH TPO

Single at 200

RTH TPO

Selling at 900

High volume bar?

  • Volume above average

BB lower band (3SD):

  • Flat

BB upper band (3SD):

  • Flat

Z-score >2 or < -2?

  • -1

ATR/SD correlation > 0.9?

  • No