QQQ: In a critical RESISTANCE area! What's next?
• QQQ is in a resistance area around $284, which did work as a resistance twice since October;
• Now, if it confirms a top sign around this area (any bearish candlestick pattern would work, like a Shooting Star, Bearish Engulfing, DCC, etc), it’ll confirm a Triple Top chart pattern, and QQQ would do a sharp correction from here;
• However, if QQQ breaks the resistance, it’ll reverse the bearish sentiment and will probably keep climbing for the next couple of weeks - it all depends on how it'll close today;
• Either way, QQQ looks interesting. Let’s keep our eyes open at the $284 area.
Remember to follow me to keep in touch with my analyses!
• Now, if it confirms a top sign around this area (any bearish candlestick pattern would work, like a Shooting Star, Bearish Engulfing, DCC, etc), it’ll confirm a Triple Top chart pattern, and QQQ would do a sharp correction from here;
• However, if QQQ breaks the resistance, it’ll reverse the bearish sentiment and will probably keep climbing for the next couple of weeks - it all depends on how it'll close today;
• Either way, QQQ looks interesting. Let’s keep our eyes open at the $284 area.
Remember to follow me to keep in touch with my analyses!
⚠️ Want to take your trading to the next level?
👉 Join the Finance Hydra VIP Mentorship - 6 weeks of mentoring with weekly meetings and ongoing support. Limited places available!
✅ Find out more and sign up: thefinancehydra.com/
👉 Join the Finance Hydra VIP Mentorship - 6 weeks of mentoring with weekly meetings and ongoing support. Limited places available!
✅ Find out more and sign up: thefinancehydra.com/
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.