Nasdaq (IXIC) | The best scenario for the fall
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
By looking at the waves, the weekly times 1 and 2 are probably over, and this analysis and this wave count is part of wave 3.
Wave 3 that we are talking about is not on the Fibonacci in the weekly time that can be reversed, and only we considered this correction by counting the wave in the daily time.
In daily time, waves 1 and 2 are complete, and wave 3 is in excellent condition in terms of appearance, but it is not in good shape relative to wave 1.
Waves 2 and 4 are very similar both in appearance and correction, making the wave count not normal.
However, there are exceptions in the waves.
We correct the probability provided that the trend line and the red circle are completely broken.
If the end of wave 5 is broken, the complete analysis of the field will not be done, but this correction will be done in a short time.
🙏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!❤️
By looking at the waves, the weekly times 1 and 2 are probably over, and this analysis and this wave count is part of wave 3.
Wave 3 that we are talking about is not on the Fibonacci in the weekly time that can be reversed, and only we considered this correction by counting the wave in the daily time.
In daily time, waves 1 and 2 are complete, and wave 3 is in excellent condition in terms of appearance, but it is not in good shape relative to wave 1.
Waves 2 and 4 are very similar both in appearance and correction, making the wave count not normal.
However, there are exceptions in the waves.
We correct the probability provided that the trend line and the red circle are completely broken.
If the end of wave 5 is broken, the complete analysis of the field will not be done, but this correction will be done in a short time.
🙏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!❤️
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