Wait for a retest of the opening prints for a short confirmation...
This would play out very nicely as drawn...would draw in the necessary amount of fresh shorts eyeing unfilled downside gaps...flush out longs whom may have had an otherwise solid entry. Perfect cycle.
This would play out very nicely as drawn...would draw in the necessary amount of fresh shorts eyeing unfilled downside gaps...flush out longs whom may have had an otherwise solid entry. Perfect cycle.
Note
Clearly there is a lot of shorts in this range. But if the soaking on the bids doesn't quit then grab your lemons cause QQQ could squeeze hard.Trade active
Trade about to become active...Trade active
ActiveNote
Still active...further upside to cover into as a possibility.
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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.