Nice hammer in QQQ monthly

Wave 5 for downtrend probably. May grind in wave 4 before goes deeper.

Сделка активна:

Moving my stop above local high went against my direction. Trade is working right now.

Сделка активна:

Bottleneck support becomes a resistance on daily. Love it!

Сделка активна:

Can move stop to $297 after daily hammer, but will wait and play conservative since monthly trade.

Сделка активна:

Will take 50% profit at $278.21 resistance if we start closing out Friday's bullish hammer on daily retesting the gap.

Сделка активна:

Took 50% at $278.21 will run the rest to the end.

Сделка активна:

Stop loss to $270.74

Сделка закрыта: достигнута тейк-профит цена:

Stopeed at $271.2