This is the NQ at the 4 hour view. Dashed lines are my regular buy or sell zones. Solid red/green lines are the top and bottom of the channel. My strategy is simple. Buy at the bottom of the channel with TQQQ . Sell when it reaches my red zone. It depends on the price action at the time - which is why it's a zone.
The NQ poked above the top of my channel and then got hammered back in overnight. I'll keep this strategy until the bottom of my channel breaks - which it did not break... yet.
The NQ poked above the top of my channel and then got hammered back in overnight. I'll keep this strategy until the bottom of my channel breaks - which it did not break... yet.