Technical analysis by The-Thief about Symbol QQQX on 16 hour ago

The-Thief
Nasdaq ETF QQQ: Liquidity Sweep Then Expansion Play

📊 ASSET DETAILS Instrument: QQQ — Invesco QQQ Trust Series Market: NASDAQ Type: ETF Trading Style: Swing Trade Bias: 🟢 Bullish 🧠 MARKET STRUCTURE & TECHNICAL CONTEXT QQQ is currently respecting a bullish market structure, supported by a triangular moving average pullback and clean retest. This behavior typically signals trend continuation, not reversal, provided key liquidity zones remain defended. 📌 Key confirmations: Higher-timeframe trend intact Price reacting positively to dynamic support Healthy pullback (not impulsive selling) Liquidity resting below current price action 🧩 TRADE PLAN — THIEF STYLE (EDUCATIONAL / ENTERTAINMENT) 🟢 Bias Bullish continuation scenario 🎯 ENTRY STRATEGY (THIEF LAYER METHOD) This plan uses a layered limit order approach, commonly known as a scaling-in / cost-averaging style entry. You may also choose any price level entry based on your own confirmation. Example Layered Buy Limits: 605.00 610.00 615.00 620.00 ➡️ You may increase or adjust layers based on your own risk profile and execution model. ⚠️ This method is designed to avoid emotional chasing and allows flexibility during volatility. 🛑 STOP LOSS (REFERENCE LEVEL) Stop Level: 600.00 📌 Note for Thief OGs: This stop level is not a recommendation. Risk management is your personal responsibility. Use your own stop logic if it better fits your strategy. 🎯 TARGET / EXIT ZONE Primary Target: 650.00 📍 Rationale: Strong resistance / supply zone Potential overbought conditions Possible liquidity trap above highs 🧠 When price reaches this zone, capital preservation > greed. Escaping with profits is always a professional move. 📌 Reminder: This target is not mandatory — partials, trailing exits, or custom targets are valid alternatives. 🔗 RELATED PAIRS & CORRELATED MARKETS TO WATCH 📈 SPY (S&P 500 ETF) Confirms broader market risk-on sentiment Strength in SPY often supports continuation in QQQ 💻 AAPL / MSFT / NVDA Heavy-weight components of QQQ Institutional accumulation in these names often leads QQQ direction 💵 DXY (US Dollar Index) Weak or sideways DXY typically supports tech strength Strong DXY may slow upside momentum 📉 VIX Rising VIX = caution Suppressed VIX supports bullish continuation ⚠️ IMPORTANT NOTES (READ BEFORE COMMENTING) This setup is educational & entertainment-based No guarantee of outcome Markets can invalidate any setup at any time Always manage risk and position size responsibly ✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!” ⚠️ DISCLAIMER This is a thief-style trading strategy just for fun. Nothing here should be considered financial advice.