Nasdaq Possible Formation
Here we see the formation of an imperfect plate with a minimum target of 138.2% of the B wave and a maximum target of more than 161.8 B wave, which will actually be a drawn flat C.
Since the flat C is most likely part of a triangle, we have to wait for the formation of the next components of a triangle. Due to economic conditions, we can not expect the formation of strong contraction triangles. Of the 18 types of triangles available, reverse triangles can be Contraction and reverse expansion thought. One of the most pessimistic scenarios is drawn in the figure, in which case we will not see a new ceiling in the market. In the case of forming a neutral contraction reverse triangle, the previous or slightly higher ceiling will eventually be formed.
Since the flat C is most likely part of a triangle, we have to wait for the formation of the next components of a triangle. Due to economic conditions, we can not expect the formation of strong contraction triangles. Of the 18 types of triangles available, reverse triangles can be Contraction and reverse expansion thought. One of the most pessimistic scenarios is drawn in the figure, in which case we will not see a new ceiling in the market. In the case of forming a neutral contraction reverse triangle, the previous or slightly higher ceiling will eventually be formed.
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