GOOG Short-term analysis | Trading and expectations

Wave IV ended at 0.236 Fib retracement. 2 gaps have been left behind, one at the daily pivot $350 and another at the S1 pivot $302, which is likely to be filled. The bulls are in control as price is well above the daily 200EMA and pivot. Wave (1) appears complete, and wave 2 has an expected target of the previous all-time high, High Volume Node at the 0.5 Fib retracement $337, followed by the golden pocket and gap fill $310.

📈 Daily RSI has bearish divergence in oversold territory, a pullback is expected

👉 Analysis is invalidated if we continue higher with force

Maddox_Metrics

🎓 Behavioural Economist (PhD)
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com

أيضا على:

منشورات ذات صلة

GOOG Macro analysis | The bigger picture | Long-term holders

من ‎Maddox_Metrics‎

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.

Maddox_Metrics

🎓 Behavioural Economist (PhD)
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com