NQ1! — Buy the Lower End of the Range

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NQ1! — Buy the Lower End of the RangeNAS100 FutureVANTAGE:NAS100FTaangbuiNQ1! — CONSOLIDATION AT THE HIGHS We are seeing a good consolidation developing right at the top of the chart, with NQ holding just below the recent ATH around 30,070–30,073. On the 4H structure, price continues to hold within a well-defined range between approximately 29,437 and 30,070. Rather than showing a clear rejection from the highs, price is continuing to consolidate near the upper end of the range. For this setup, we are not looking to chase price at the top. Instead, we want to see the lower timeframes push down into the range and give us a better location to look for continuation. KEY AREA TO WATCH 29,450 — first important support / range level 29,240 — deeper support and key demand area The idea is to see price push lower into the 29,450–29,240 area, where buyers can potentially step back in and continue pushing the market higher. TRADE IDEA Price continues consolidating near the ATH Lower timeframes push lower into the range Watch for a reaction around 29,450–29,240 If buyers defend the area and structure turns bullish, look for continuation Upside target: 30,070+ / ATH The main idea is simple: let the market come down to our level rather than chasing longs directly underneath the ATH. If the 29,240 area breaks decisively and price starts accepting below it, the bullish setup needs to be reassessed. Bias: Bullish above 29,240 Preferred area: 29,450–29,240 Target: 30,070+ / ATH