QQQ Fib Play
This is a tricky one. We may need some catalyst to confirm a couple theories.
I will go Long if the price holds up above the 50% retracement and short if it goes down. Price target for the short trade is 110.35 is indicated by the green line.
Price target for a long trade will be at 61.8% or even at $110.79. But as you can see the RR will be poor. Hopefully a market catalyst presses the price down as the price is under the 50 EMA
I will go Long if the price holds up above the 50% retracement and short if it goes down. Price target for the short trade is 110.35 is indicated by the green line.
Price target for a long trade will be at 61.8% or even at $110.79. But as you can see the RR will be poor. Hopefully a market catalyst presses the price down as the price is under the 50 EMA
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.