NQ/ QQQ resistance breakout. Watch for reversal intraday.
Updated
I already played 10% scalp on this.
But it broke + retested the resistance line. Now resistance is confirmed support:
Watch it close for a good lesson even if you're not in the trade.
Already secured +10% on the breakout. Looking to see if it reverses the downtrend completely intraday.
Also remember: MMs already ROASTED the calls. Now time to ROAST the puts. Welcome to triple witching (formerly quad witching)!
But it broke + retested the resistance line. Now resistance is confirmed support:
Watch it close for a good lesson even if you're not in the trade.
Already secured +10% on the breakout. Looking to see if it reverses the downtrend completely intraday.
Also remember: MMs already ROASTED the calls. Now time to ROAST the puts. Welcome to triple witching (formerly quad witching)!
Order cancelled
Update on this:Look @ when it was retesting the support (previous resistance) aka yellow line. It failed completely.. therefore, there was no entry and no trade.
I played +10% on the breakout from BELOW the line. This is aggressive trading and not recommended. The safer trading is to get it when it RETESTS the support and BOUNCES. Hope you enjoyed the tip!
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FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.
FREE full trading strategy & free options flow bot. Daily entries & exits. Swings. Daytrades. Lessons. Goal is to make you a seasoned trader.
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