KlejdiCuni

Nasdaq 100 E-mini Futures: Potential Sideways Trading

Long
KlejdiCuni Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
As we can see from the chart, the price is testing the low near 14800 for the second time. In the previous downtrend, the price faced a strong demand area there that pushed it back up to 15080. We can now see a possible range trading movement between these two areas 14800 and 15080.
A break over the last resistance zone will increase the chances of a higher move up to 15228.
Targets:
14950
15080
15228

Thank you and Good Luck!
Trade closed: target reached:
Target 1 reached
Trade closed: target reached:
NQ1 - The price may stop here a move down again so, in my opinion, I may consider the second target as reached as the volume is too low.

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