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thechez
Jun 21, 2018 9:18 PM

Bullish Divergence on SQQQ Long

ProShares UltraPro Short QQQNASDAQ

Description

Hi,

There is similar divergence on the daily Stoch RSI right now that occured in March 2018 as well. The MACD is about to rollover to the upside as well. Expect price to up to at least the downward trend line in pink.

Trade active

Looks like we're headed to the pink line. Target is around 15.20.

Trade closed: target reached

Price topped out around the 15.00 mark but I will call this trade a success as I did make some decent profits on this one.
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