


Mahi_Mahi
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0Joined Feb 1, 2016
chartpattern
trendanalysis
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This looks like and inverted H&S to me, it is a little bit lopsided. Let me know your thoughts if this qualifies as an inverted H&S
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As you can see all the way back from 2019 QQQ has followed a pattern on the weekly chart. The chart is pretty simple QQQ always consolidates at #3 which i have pointed out with the arrows. IMO we are headed for the next wave up which should be very strong.
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I have put the notes on the chart. Could we have another weekly candle sideways and to the bottom of the channel? We could, but IMO i dont think so.
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