MNQ 4H — Corrective pullback to Fibo & S/R flip confluenceMicro E-mini Nasdaq-100 Index FuturesCME_MINI_DL:MNQ1!AlphaSignalProLTDSetup: MNQ is expected to undergo a short-term correction back to the newly formed structural support zone before the macro uptrend resumes. Prices at time of research: 29,159.75. Why this setup: The recent breakout candle was accompanied by strong momentum, successfully converting prior resistance into a robust structural support base (28,732 - 28,800). Short-term price action indicates a high probability of a retracement to seek liquidity ahead of upcoming macroeconomic data releases. We are tracking 3 main scenarios for 2 short and 2 long executions: Scenario 1 (Immediate Short): Aggressive sell from the current market price targeting the initial correction down to the support box. Scenario 2 (Resistance Rejection Short): A sell limit at the 29,495 immediate resistance if price sweeps upward first, aiming to catch the rejection back to the main support. Scenario 3 (Primary Longs): A combination of two buy levels at the demand zone. The first is an aggressive long at 28,800. The second, and the safest setup, is at 28,732, which is heavily protected by the tight confluence of the structural S/R flip and a major Fibonacci retracement level. Trade plan: Bias: Short-term Short / Primary Long Entry: Sell 1: CMP (~29,159) Sell 2: 29,495 (Immediate resistance test) Buy 1: 28,800 (Upper support band) Buy 2: 28,732 (Confluence of Fibo retracement and S/R flip) Stop loss: Sells: 29,600 — invalidation: 4H close above the immediate resistance. Buys: 28,600 — invalidation: A firm 4H candle close below the Fibo+S/R confluence zone. Target(s): Sells: 28,800 / 28,732 Buys: 29,495 / 29,760 Timeframe: 4H