Wait for breakout of TL channel and make you're move
Breaks below TL = Short Breaks above Fib .5 = Long
If it breaks .50, Short. If it closes above .618, Long
Thoughts>
Rising wedge brewing
Could Stay in the Channel or Breakout above the trend line.
Potential Straddle/Strangle opportunity.
Almost time to short QQQ
I'm extremely new at this and still learning, so any insight would be great.