NQ: One hour Up Fibonacci_+2,707 Ticks to target

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NQ: One hour Up Fibonacci_+2,707 Ticks to targetE-mini Nasdaq-100 FuturesCME_MINI:NQ1!JoshuaMartinezThe NQ one hour time frame is in an up trend. The market is making higher highs and higher lows. The market has an up Fibonacci with an extension price point 28165.25 about +2,707 Ticks above. As long as the market does not take out the one boundary price point 26535.00. The expectation is the market is to U-turn bullish and push to the one hour Fibonacci extension target. Entry: Counter trend line break bullish ideally at 27304.75or lower (That is when rewards is bigger than risk. STOP: 26484.75 LIMIT: 28165.25 Another Entry Idea: If the risk is too large off the one hour time frame. It will be a good idea to look for long ideas off the five minute time frame with less risk.