QQQ will likely in my opinion drop to S2 weekly pivot and TD Trend Factor 0.8919 level.
That area at 167.5 also happens to be the target for descending triangle as well.
Good luck trading!
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First target hit. Take some profits.
Next target is 157.96
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Technically speaking, QQQ has reached its wave 5 target in the D-wave for 1hour timeframe. You can feel free to exit your full position.
Your choice.
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our trade idea will close if price exceeds 178
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Guys, if you are still in your short, I would highly recommend to be careful, if not try to close it, or at least reduce short exposure due to the candle today being very bullish imo. I will have this message spread across my ideas so people get alerted