angelbaetrades

$QQQ Rising Wedge on 1hour

Short
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
QQQ Rising Wedge on 1hour

"The rising (ascending) wedge pattern is a bearish chart pattern that signals an imminent breakout to the downside. It's the opposite of the falling (descending) wedge pattern (bullish), as these two constitute a popular wedge pattern."

What are your thoughts?
Thanks,
Kelly

Kelly @angelbaetrades
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