QQQ | Elliot Waves | 45 Min | Wave 4-5 | Correction to $248 |
Why subscribe to my post and follow me?
*After extensive analysis in the short term frames, I have found Elliot waves inside the small time frames. Everyone was calling for a correction for a while since this wave is overextended.
A. The completion of wave 4 - 5 is based on Fib retracements of 1.272% since wave 4-5 can't be larger than wave 2-3.
B. The first leg of the correction will be 5 - A, next to wave four where there is a daily gap (This is the confirmation)
C. Its followed by a small bounce of 38.2% at $260.07 and then finishing the correction at $248. The proof for this can be seen in the 20EMA daily, at 250. Usually, it corrects a little below the EMA
- I'll only provide excellent opportunities that you have a hedge; this means a reasonable risk and reward ratio
- I have a BA in finance and a good understanding of microeconomics
- I have five years in Technical Analysis, I love reading charts and won't provide you with shitty charts or different indicators every time
- I'll provide you with realistic targets and exits for a safe trade
*After extensive analysis in the short term frames, I have found Elliot waves inside the small time frames. Everyone was calling for a correction for a while since this wave is overextended.
A. The completion of wave 4 - 5 is based on Fib retracements of 1.272% since wave 4-5 can't be larger than wave 2-3.
B. The first leg of the correction will be 5 - A, next to wave four where there is a daily gap (This is the confirmation)
C. Its followed by a small bounce of 38.2% at $260.07 and then finishing the correction at $248. The proof for this can be seen in the 20EMA daily, at 250. Usually, it corrects a little below the EMA
İşlem aktif
The correction has started, I was bit off at the top since the FOMO brought it higher. Target $248.
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.
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.