MNQ LONG

91
Here we go again with confusing charts.

So to begin with, iam bullish until the orange trendline is broken, if its not broken and the price is still reacting positively to it as its doing so far, then iam very much bullish.

Also you should be aware that there is divergence started to show up on the daily and it looks massive on the 4h tf, also price swept last high and moved lower, even though the trend is still intact, it still shows some weakness.

my confidence in this setup is 7 out of 10

Since the price action is bearish for now, then if you want you can take some short until 22840, then go long from here.


Trade closed: target reached
Closed this trade as iam not willing to wait for the opening for few more pips.

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