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NQ -short term range trade

NQ -short term range trade

NQ hourly futures has been forming a wide sideway flag that is looking pretty tradable. Long at the low end of the sideway channel with protective stops and sell/short as it approaches the higher end of the channel. Trail stops along the way. (stops will be a must especially as we near the channel tops or bottoms as it will eventually break out one way or another.

Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.

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