Short target from the falling wedge has been reached. TQQQ has been on a steady downtrend it may be time for some relief up to the CC around $20-$21.
Note
The yellow lines represent the golden pocket retracement from the top of the wedge to the bottom of the retracement. This also happens to be a gap on the nasdaq as well as other indexes. Once the gap has been filled, down we will go..
Note
playing out beautifullyTrade closed manually
Took my profits, letting a small bit ride in case we pop. Currently not looking for any long positions.
Trade active
Added some to my position to ride this bad boy up higher with this bull strentghTrade closed: target reached
Target ReachedNote
crazy squeeze, the long term will be loving this oneNote
amazing trade, let it rally!!!
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.
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.