It is normal for the markets to move in waves. The NQ one hour time frame is still in an up trend. The market is making higher highs and higher lows. It looks as if the market may be forming a low that could be higher than the last low before pushing up towards the Fibonacci extension. Looking for counter trend line breaks for entries will be a good idea when the market is at a low price, in an up trend, in an up Fibonacci sequence.
