vikinsa

FAANG Stocks: Ready To FALL? Hidden Fibonacci Pattern Forming

Short
FX:FAANG   FAANG
Traders, FAANG ( Facebook , Apple , Amazon, Netflix and Google ) share basket is forming a hidden pattern which can push these stocks down. However there are certain conditions that we must have. In this top down analysis we see how Fibonacci Confluence Pattern ( FCP Pattern) is forming a zone which can create a massive trade opportunity.
If you are invested in any of these stocks then you must watch it so that you are aware of this. Also if you are looking for short opportunity because you think markets are over extended, then also you must be aware of this.

I also posted a similar pattern which is appearing on Netflix . Find that in the related ideas below.

Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too

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Take care and trade well
-Vik

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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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