2024.02.02 NQ st scenario

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I anticipate consolidation befor the NFP news with moderate drop down below the night lows.
=> move higher on the hills of the NFP news => reversal from higher level to the downside.
It is a highly volatile day today, NFP can bring a lot of other scenarios with it.
Nota
Initial reaction to NFP to the downside => I anticipate more upside =>
new high of the day. It is time to look for the downside retracements for long etries>
Nota
Ideal retracement for long setup is on the chart.
istantanea
Nota
It is end of LHS. I anticipate one more low in the corrective decline and at least on more leg to the upside. I consider that 4pm can bring a substantial move to the downside, it will be better to see what will the price action do at that time.
istantanea

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