TQQQ Head and Shoulders Forming
hello world
https://www.tradingview.com/x/MTLncbfa/https://www.tradingview.com/x/JHLL6heu/
TQQQ forming a Head and Shoulders continuation pattern with a break line at around 25.20. The intermediate uptrend represented by the blue trend line was broken and retested and we are now trading just above the neckline. First target would be below 22 with further downside possible. I 've kept the investment strategy as neutral because I would want to see a break of the neck at 25.20 before getting short.
https://www.tradingview.com/x/MTLncbfa/https://www.tradingview.com/x/JHLL6heu/
TQQQ forming a Head and Shoulders continuation pattern with a break line at around 25.20. The intermediate uptrend represented by the blue trend line was broken and retested and we are now trading just above the neckline. First target would be below 22 with further downside possible. I 've kept the investment strategy as neutral because I would want to see a break of the neck at 25.20 before getting short.
כתב ויתור
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