TQQQ Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
A-
BEAR
etf
TQQQ is currently showing a bearish wedge compression on the 30-minute timeframe, graded A- by the UnxEdge scanner. The current breakout level is $69.38, currently 0.43% away. This pattern has shown a 1.8x profit factor across 11 backtested trades.
Current Setup
Close$69.68 +1.27%
Breakout Level$69.38
Distance to Level0.43%
RVOL0.5×
Pressure73
PatternChannel
Trade Plan
Entry$69.14
Stop$69.72
TP1$68.56
TP2$67.98
TP3$67.40
Chart
Backtest Performance
Win Rate
64%
Profit Factor
1.75x
Avg R
+0.27R
Trades
11
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jul 29 | BEAR | A- | $59.34 | $60.56 | $58.13 | $60.56 | LOSS | -1.00R | 9 |
| Jun 24 | BEAR | A- | $72.83 | $74.15 | $71.52 | $71.52 | WIN | +0.99R | 5 |
| Jun 10 | BEAR | A- | $69.02 | $71.13 | $66.92 | $71.13 | LOSS | -1.00R | 3 |
| Jun 1 | BULL | A | $86.08 | $85.13 | $87.02 | $87.02 | WIN | +0.99R | 3 |
| May 28 | BULL | A- | $82.52 | $81.58 | $83.46 | $83.46 | WIN | +1.00R | 3 |
| May 21 | BULL | A- | $76.91 | $75.97 | $77.85 | $75.97 | LOSS | -1.00R | 4 |
| May 13 | BULL | A- | $77.68 | $76.92 | $78.43 | $78.43 | WIN | +0.99R | 5 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-08-26 | A- | BEAR | $69.38 | 0.75% | 73 | — |
| 2026-08-26 | B | BEAR | $69.38 | 1.38% | 74 | — |
| 2026-08-26 | B+ | BEAR | $69.38 | 1.07% | 77 | — |
| 2026-08-26 | B | BEAR | $69.38 | 1.09% | 75 | — |
| 2026-08-26 | B+ | BEAR | $69.38 | 1.01% | 74 | — |
| 2026-08-26 | B+ | BEAR | $69.38 | 1.14% | 76 | — |
| 2026-08-26 | A- | BEAR | $69.38 | 0.91% | 73 | — |
| 2026-08-26 | A- | BEAR | $69.38 | 0.89% | 73 | — |
| 2026-08-26 | A- | BEAR | $69.38 | 0.50% | 61 | — |
| 2026-08-26 | B+ | BEAR | $69.38 | 0.95% | 67 | — |
Bot Activity
| Date | Side | Result | R | Exit |
|---|---|---|---|---|
| 2026-06-01 | BULL | — | — | Entry cutoff — past 3:45pm ET |
| 2026-05-28 | BULL | +7.58% | 0.08 | Swing reversal (gave back >50% of +21% peak) |
Other Active Breakout Setups
Earnings
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