Three Drives Up Pattern
This appears to be a Three Drives Up pattern, which is typically a topping pattern and may not follow through well at the bottom of a bear market; but I still expect some pullback to at least 50% retrace ~11100 or 62% ~11000. 11100 POC should show some support regardless of how far it runs. on a little longer TF there's also a POC around 11.2k.
Pattern fails if it makes more than 168% retrace.
We've got META and F earnings after the bell which I think will disappoint. Earnings whisper has META missing bad.
Pattern fails if it makes more than 168% retrace.
We've got META and F earnings after the bell which I think will disappoint. Earnings whisper has META missing bad.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.