(NQ1! 1D chart) The key is whether it can be supported at 21698.25.
- (30m chart) If not, 1st: 2159.23 near the M-Signal indicator on the 1D chart 2nd: 21501.75 We need to check whether there is support near the 1st and 2nd above.
- (1D chart) If it rises after receiving support at 21698.25, the point to watch is whether it can rise above the StochRSI 50 indicator and the Price Channel indicator (21871.75-21981.50).
Since the StochRSI indicator is currently located near the overbought zone, if it rises further, 1st: 21871.75-21981.50 2nd: 22314.50 It seems likely that it will face resistance near the 1st and 2nd levels.
- Thank you for reading to the end. I hope you have a successful trade.