NQ: One Hour_Uptrend_+1,764 Ticks to Fibonacci Target

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NQ: One Hour_Uptrend_+1,764 Ticks to Fibonacci 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 Daily Fibonacci with an extension price point 29938.25 about +1,764 Ticks above. As long as the market does not take out the one boundary price point 28248.00. 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 29032.50 or lower (That is when rewards is bigger than risk.) STOP: 28191.00 LIMIT: 30090.50 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.