QQQ Sell setup

Rudved Updated   
BATS:QQQ   Invesco QQQ Trust, Series 1
QQQ rose steeply due to great earnings response from Apple and jobs data today. We are currently at the 61.8% (435.52) of the earlier down move.

Huge gap (427 - - - 434.50) left out due to the premarket open moves.

Great trade with a good R/R

Entry at 435.52 | SL 436.75 | TP 431.23
Careful around the 433 point as we may take support days low (since opening)

PS - Ideas are for learning purposes, not a recommendation to trade. I am not responsible for any profits or losses incurred.
Trade active:
Exact entry point - QQQ reversed

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