Top 5 Weekly Trade Ides #1 - QQQ Broadening Wedge
QQQ is in a range from around $492.80 to $485. It's been forming this broadening wedge on the 15m, so I'm looking for a break to the upside for longs up to $492.80. Busy week of volatility ahead most likely with the election and FOMC, but for now VX is getting crushed. I would expect us to hold up until something changes, could be a quick move up to $492.50 or a nice short to $479 if it breaks below $485.
Trade closed: target reached
Nice break for QQQ. Didn't get a great chance for entry today since it has basically gone straight up with no pull backs but target hit.
You reap what you sow.
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The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Related publications
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.
You reap what you sow.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Related publications
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.