QDEL - Classic ABC Zigzag

By DarkmodeTrader
Updated
TRADE TYPE: Simple trade using the concept of parabolic corrections and zigzags. TIMELINE: 1-10 days. Look for double bottom at the end of zigzag to confirm end of correction and reversal to the long side.
Comment
Breakdown appears to be taking hold.
Chart PatternsparabolaQDELshortTrend AnalysisWave Analysiszigzagcorrrection

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