Topped at daily resistance trendline
Contact with weekly RSI resistance trendline
Little volume spike on Jan 24th daily candle
Entry today or yesterday
TP: Till weak daily candle
TP: At weekly RSI support trendline
TP: At first gap fill
Note: Move may not be directional as weekly candle not yet closed and monthly is still suggesting continuation
Note: Monthly high could be set for now
Note: Only on QQQ and not on NQ
Contact with weekly RSI resistance trendline
Little volume spike on Jan 24th daily candle
Entry today or yesterday
TP: Till weak daily candle
TP: At weekly RSI support trendline
TP: At first gap fill
Note: Move may not be directional as weekly candle not yet closed and monthly is still suggesting continuation
Note: Monthly high could be set for now
Note: Only on QQQ and not on NQ
Trade active
Note
Watching XLK can also be the cue when to take profitTrade closed: stop reached
Broke last daily candle highTrade active
Pump on low volume to put in weekly high on Monday so it can dump rest of the weekTrade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.