ASML has formed a double top pattern, signaling potential downside. The neckline has been broken, confirming the bearish setup. If price holds below this level, further downside is expected.
Key Levels:
🟠 Entry: Below confirmation level
🔴 Stop Loss: 780.43
🟢 Target: 549.66
Bearish momentum is strong, and a move toward the target could play out if the breakdown continues. Manage risk accordingly.
Key Levels:
🟠 Entry: Below confirmation level
🔴 Stop Loss: 780.43
🟢 Target: 549.66
Bearish momentum is strong, and a move toward the target could play out if the breakdown continues. Manage risk accordingly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.