QBE Daily Chart - Triple 3 relatively rare corrective pattern
Planning to scale in now into my long term position trade on QBE
1 year corrective pattern is now complete and earning release is on the 11th August which could be a catalyst
My first buy was around $8.00, so looking to add to a winner with a complex elliot wave pattern now complete
I'm not an elliott guy - so go gentle ellioticians, but i think the structure is pretty clear that this sideways move is now near completion
Given that the monthly chart is retesting a super long term triangle breakout I have more confidence that this is near the start of a trend
Learnt this a long time ago and glad it stuck!
1 year corrective pattern is now complete and earning release is on the 11th August which could be a catalyst
My first buy was around $8.00, so looking to add to a winner with a complex elliot wave pattern now complete
I'm not an elliott guy - so go gentle ellioticians, but i think the structure is pretty clear that this sideways move is now near completion
Given that the monthly chart is retesting a super long term triangle breakout I have more confidence that this is near the start of a trend
Learnt this a long time ago and glad it stuck!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.