Weekly QQQ
RSI divergence is showing a Descending Triangle pattern (Bearish)
Candlesticks have formed Triangle, slightly elevated like a wedge. I'm 50/50 On bullish or bearish.
Divergence or conformation?
I think we'll find out what this is by 345 , which will be confirmation for a reversal or a breakout.
What are your opinions?
Wed the Feds will make some big announcements on Interest rate decisions. depending on what decision they make will be a catalyst for a Breakout or correction. It will be either
Either way it swings I, im here for it.
RSI divergence is showing a Descending Triangle pattern (Bearish)
Candlesticks have formed Triangle, slightly elevated like a wedge. I'm 50/50 On bullish or bearish.
Divergence or conformation?
I think we'll find out what this is by 345 , which will be confirmation for a reversal or a breakout.
What are your opinions?
Wed the Feds will make some big announcements on Interest rate decisions. depending on what decision they make will be a catalyst for a Breakout or correction. It will be either
Either way it swings I, im here for it.
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Related publications
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.