20050808 1) EMA levels 1611 1614.50 1616.50 2) Consolidaiton trade into close previous day 3) Opening 30 min range 1606-1611.50. Trade #1 (first arrow) long the breakout to the upside stopped out. Trade #2 short downside breakout took some heat, but eventually hit both T1 and T2. 

NQ daily chart