The red lines are from the monthly that show QQQ in a tight channel since 1/23.
The white lines show some recent support and resistance levels.
It broke resistance on the second attempt and resistance has now become support. I think $517 is a crucial level and will probably be revisited seeing how overbought my indicators show. It's 50% of wave 3 and I think a good loading level (plus a gap close) with the previous resistance level serving as a stop loss and short entry. If I'm correct I am expecting a 15 point gain from $517 in approximately 3 weeks (give or take a few trading days). Let me know how you see it, would love added perspectives
The white lines show some recent support and resistance levels.
It broke resistance on the second attempt and resistance has now become support. I think $517 is a crucial level and will probably be revisited seeing how overbought my indicators show. It's 50% of wave 3 and I think a good loading level (plus a gap close) with the previous resistance level serving as a stop loss and short entry. If I'm correct I am expecting a 15 point gain from $517 in approximately 3 weeks (give or take a few trading days). Let me know how you see it, would love added perspectives
Сделка закрыта: достигнута тейк-профит цена
the pull back, then rode wave 5 and then shorted at the red resistance line. This was awesome!
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Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.