I marked the zone on the daily chart with entry reasons.
Basically, the uptrend is so good that the drastic drop will create buying opportunities. I check the Fed OMO data and they are still buying... So the drop won't be a big issue now at least.
For future trading, it's a wide zone.. You can refer it as trade setup for QQQ(a Nasdaq ETF).
Basically, the uptrend is so good that the drastic drop will create buying opportunities. I check the Fed OMO data and they are still buying... So the drop won't be a big issue now at least.
For future trading, it's a wide zone.. You can refer it as trade setup for QQQ(a Nasdaq ETF).
Order cancelled
momentum is so strong that the setup failed to be achieved...
plan your trade and trade your plan
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plan your trade and trade your plan
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.