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.
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.