The market liquidity profile for $QQQ is showing signs of exhaustion at these current valuation levels. I am initiating a short position to exploit the potential downside bias that has formed in the current price action.
⚡ $QQQ — SHORT SETUP
📍 Entry: 725.3 – 729.63
🎯 TP1: 716.63
🎯 TP2: 710.85
🎯 TP3: 702.18
🛑 Stop Loss: 733.97
Trade here 👇
📌 Trade management rules: see pinned post.
How are you positioned for this move? Drop your thoughts below and follow for more trade setups.
#QQQ
⚡ $QQQ — SHORT SETUP
📍 Entry: 725.3 – 729.63
🎯 TP1: 716.63
🎯 TP2: 710.85
🎯 TP3: 702.18
🛑 Stop Loss: 733.97
Trade here 👇
📌 Trade management rules: see pinned post.
How are you positioned for this move? Drop your thoughts below and follow for more trade setups.
#QQQ