Google (GOOGL) | The best area to buy🔥Hello traders, Google in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
Based on our investigations of this share, we found that the first wave 1 and 2 are over and the wave we counted is part of wave 3.
We assume that the counted wave was wave 5 of wave 3 or wave 5 of wave 3 of wave 3.
In the count we did, waves (1) and (2) are over and wave 3 microwaves are forming.
From wave 3, waves 1 and 2 are completed and now the structure of wave 3 is completed.
From this structure, a wave 4 is confirmed by the break of the trend line , which is likely to end on Fibo 0.38, and the climb for wave 5 from 3 to Fibo 2.27, ie the price of 3000, will start slightly above the current peak.
And then we have the descent for wave-4, we did not consider a field point in this analysis.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Googleshort
GOOGLPrice in the resistance zone , if it breaks below the trend line it will seek the support zone at 1260
GOOGLE -- It keeps getting stuckAs can be seen in the chart, there is a great squeeze in both prices and RSI. This is a bit scary of course ...
This tightness can continue up to the level of 2200$ or even 2400 $, but then we think it is very likely that we will see a big selling pressure for both the relaxation of the indicators and the completion of the technical formation formed by the prices.
We are not at the beginning of April anymore. It has been almost a year and the Nasdaq have an unstoppable rising. We wonder where will he stand ???
It contains only personal views and opinions. Does not contain legal investment advice ...
🤔 Opportunity On Google? (GOOG)💰 LET'S GET INTO SOME GOOGLE ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- My main worry is that the longterm upward support has been broken and had a retest but looks like it could be rejecting off of it for a new Resistance and a lower low / lower high.
- I have a red engulfing crossover on the 12 hour with compression on the daily. The Crossover strategy is showing a Crossover all indicators to the downside.
- All 3 ema dots ont he bottom are red and have been red consecutively.
- I will be taking a short with a 1.5% stoploss.
Share your charts and comments down below! Would love to hear your thoughts! ❤❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER