#QQQ
A Bearish Engulfing pattern has appeared after a strong uptrend, which is typically a reversal signal.
$490.00 – Major support zone
$500.00 – Mid-level support
$510.00 – Closest support turned into potential resistance.
The Bearish Engulfing Candle will be considered invalid if a daily candle closes above its high at $533.05.
A Bearish Engulfing pattern has appeared after a strong uptrend, which is typically a reversal signal.
$490.00 – Major support zone
$500.00 – Mid-level support
$510.00 – Closest support turned into potential resistance.
The Bearish Engulfing Candle will be considered invalid if a daily candle closes above its high at $533.05.
Sadreddini
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.
Sadreddini
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.