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#1 AM trade. 5min chart. Markets & futures down @ open. $QQQ came down from open, went to 4hr support level, bounced up nicely. Sentiment was bearish & chart confirmed. I drew an up trend line on that bounce up. $QQQ broke & closed below that line & consolidated. I was waiting for a structural low to break before playing down. It broke so entered. The target was back down to l.o.d. An emotional 22min, but it did hit the support perfectly. Great trade. Didn't worry about EMA3&8 or MACD.
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Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.