QQQ SHORT
Technicals:
1. price is drawing close to a liquidity zone (PWL)
2. IRL>ERL
3. Gap fill. Price retracement as at now is at 38.2%. price needs at least 50% equilibrium to reverse. more upside momentum expected.
4. Downtrend
Fundamentals
Friday - NFP. This could drive prices more to the downside to take out nearest draw on liquidity. (PWL)
1. price is drawing close to a liquidity zone (PWL)
2. IRL>ERL
3. Gap fill. Price retracement as at now is at 38.2%. price needs at least 50% equilibrium to reverse. more upside momentum expected.
4. Downtrend
Fundamentals
Friday - NFP. This could drive prices more to the downside to take out nearest draw on liquidity. (PWL)
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.
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.