Possible Setup for Triple Top on NASDAQ
Early days on this idea, obviously.
It could blast up to higher highs and invalidate for sure (this market is anything but predictable).
For the record, I'm neither a bull or bear, just an agnostic who likes to make money. Feel like this chart could be useful for bulls to consider for stops and bears to consider for shorts.
I'll be tracking this.
It could blast up to higher highs and invalidate for sure (this market is anything but predictable).
For the record, I'm neither a bull or bear, just an agnostic who likes to make money. Feel like this chart could be useful for bulls to consider for stops and bears to consider for shorts.
I'll be tracking this.
Comment:
Triple Top Pattern has a 77.59% success rate if confirmed.
Comment:
It made a valiant effort but it doesn't look like buyers are showing up as much these days. Next week promises to be interesting.
Comment:
Looks like the buying has run out of some steam. Next week is decisive on this.
Comment:
Invalidated.