QQQ a waterfall decline coming?
Three distinct patterns of 5-wave moves (not all impulse) followed by 76.4% retracements. What does it mean?
Either it's a rare formation called a type 2 diagonal consisting of 5-3-5-3-5, or more likely a series of 1's and 2's, setting up for a very steep wave 3 decline.
A slightly more bullish possibility I didn't consider at first, ABC-X-AB, with a final C beginning it's final descent.
Either it's a rare formation called a type 2 diagonal consisting of 5-3-5-3-5, or more likely a series of 1's and 2's, setting up for a very steep wave 3 decline.
A slightly more bullish possibility I didn't consider at first, ABC-X-AB, with a final C beginning it's final descent.
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.