This trade idea is published using Wolfe Waves, but i've introduced a new concept of using rectangles to measure price and time. Accordingly, I see that GOOG should be on a downtrend, with possible est. price between $829.41 and $819.25.
This bottom co-incides with July 18th, when Google is expected to annouce its earnings. The analysis shows that price is likely to zoom through from this region ($829.14 - $819.25). For the sceptics, you can simply watch this chart and initiate a Long order from the above zone.
This bottom co-incides with July 18th, when Google is expected to annouce its earnings. The analysis shows that price is likely to zoom through from this region ($829.14 - $819.25). For the sceptics, you can simply watch this chart and initiate a Long order from the above zone.
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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.