QQQ has formed a clear H&S on the 5,15 & 30-min timeframe....expect a drop under 302 to start with....potential for near 296-298 range....
In addition to the C&H at 15-min, NVDA has also formed a H&S at 2-hr and 4-hr timeframes....time to short again to fill gap at 211
NASDAQ:NVDA Clear divergence on the daily Potential for H&S on 2hr and 4hr timeframes Good luck!
NASDAQ:AMZN Please hit like and subscribe if you find below analysis useful. If you disagree, please leave a comment to help me learn. While Amazon seems to be forming a falling wedge on the weekly timeframe, it can be expected to fall in the short-term….. Daily timeframe seems to suggest a potential H&S pattern playing out. Multiple gap-ups...
OANDA:XAUUSD Gold looks to be ready for a breakout and month of March seems to be key for its long term direction. XAUUSD seems to be forming a perfect cup-and-handle pattern on a 3-month timeframe. It has cleanly bounced of its 21-period moving average over the same timeframe, and It is bouncing of 50% retracement of Fibonacci pattern building from...