2024-02-27 MNQ Short / Potential 3R

59
Liquidity Above is taken out.

The price is holding under the order block, can be seen as a resistance.

Because there is no FVGs, it's not a High conviction area to short.

However, the risk to reward ratio seems good (3:1).

Seems like it's consolidating right now, and I feel that the real move will come

tonight NEWS 9.30pm Durable Goods Orders m/m

11.00pm CB Consumer Confidence.

Nvidia seems like cooling-off too. I feel that Nvidia's recent +15% in a day is an overreaction.

It should be retraced downwards.

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