$QQQB is trading at 707.63, down 0.96%, with approximately $3.68M volume. The short-term pressure favors sellers, but I’m looking for a rejection rather than entering after the decline.
Trade Setup — SHORT
Entry Zone: 708–713
Target 1: 700
Target 2: 692
Target 3: 683
Stop Loss: 719
This works if price retests the entry zone and fails to reclaim it. I’m looking for bearish confirmation before opening the position.
Trade Setup — SHORT
Entry Zone: 708–713
Target 1: 700
Target 2: 692
Target 3: 683
Stop Loss: 719
This works if price retests the entry zone and fails to reclaim it. I’m looking for bearish confirmation before opening the position.