QQQ Trade Idea

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Long and short trade ideas for QQQ.

Hard to tell where price is going in the short term, so avoiding swing trades for now.

Long Trade Idea
Entry: Below previous high and a 1.618 Fibonacci level.
Target: A past day's 1.618 Fibonacci level

Short Trade Idea
Entry: Above the channel drawn on the Daily chart
Target: Past day's 1.618 Fibonacci level.

Exact entry and targets are based on price action. I do not set limit orders.

KEY:
-White Horizonal Lines: Support/resistance level.
-Green Horizontal Lines: 1.618 Fibonacci level from a previous day

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