QUALCOMM Incorporated

M Pattern

146
M patterns are known to reverse at the end of the 4th leg.
This one landed between the 1.113 and the 1.272. Rarely do Harmonic patterns hit a Fib level right on the dot.
Leg 2 hit the .786 on the pullback which points to a Butterfly pattern. The Butterfly ends at the 1.272 and price did not quite make it to the 1.272.

An Alternate Bat ends at the 1.113, but it's rules do not allow leg 2 to reach the .786.
So choose (:
Overbought with RSI on 70. Not overbought with RSI on 80.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.