$TQQQ shook out the weak hands and bounced. Here's what I see 👇
-8% up on the day and then a nasty dip. TQQQ shook out a lot of people after a 10% run that took 4 days.
It dipped through 68.48, cleared the stops below and is holding around that level now. Sellers had their shot and couldn't push it any further.
The high at 73.51 is still untouched, and I think price wants to go back for it. As long as 68.48 holds I'm happy to be long. If it doesn't, I'm wrong and out.
📌 My trade: long from 67.41, stop at 64.36, target 73.51 (+9.0%, 1:2)
Would you buy this dip? Tell me below 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#TQQQ #FuturesTrading #TradeSetup
-8% up on the day and then a nasty dip. TQQQ shook out a lot of people after a 10% run that took 4 days.
It dipped through 68.48, cleared the stops below and is holding around that level now. Sellers had their shot and couldn't push it any further.
The high at 73.51 is still untouched, and I think price wants to go back for it. As long as 68.48 holds I'm happy to be long. If it doesn't, I'm wrong and out.
📌 My trade: long from 67.41, stop at 64.36, target 73.51 (+9.0%, 1:2)
Would you buy this dip? Tell me below 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#TQQQ #FuturesTrading #TradeSetup