Nasdaq is currently in its corrective phase. We can see that we've completed wave A and now we're in wave B.
Wave B has 3 waves (subwaves abc) and we're currently in subwave c which is an ending diagonal.
Trade idea:
- Watch for a break of the ending diagonal
- enter on break of diagonal with stops above price
- Targets: 10500, 8500, taper thereafter
Goodluck and as always, trade safe!
Wave B has 3 waves (subwaves abc) and we're currently in subwave c which is an ending diagonal.
Trade idea:
- Watch for a break of the ending diagonal
- enter on break of diagonal with stops above price
- Targets: 10500, 8500, taper thereafter
Goodluck and as always, trade safe!
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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.
Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.