NQ one hour_Long entry found_+4,367 ticks to Fibonacci Extension

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NQ one hour_Long entry found_+4,367 ticks to Fibonacci ExtensionE-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 31492.25 about +4,367 ticks above the market. As long as the market does not take out the one boundary price point 29230.00 It will be a good idea to look for long ideas. Entry: Counter trend line break bullish ideally at price point 30298.25 or lower (This is when the reward become bigger than the risk) STOP: 29160.00 LIMIT: 31492.25 Another entry idea: If the risk off the one hour time frame is too large. It will be a good idea to turn to the five minute time frame and look for long ideas in the buy zone with less risk.