US Nas 100Diupdate NASDAQ - Sell The Hype 🩸
On lower timeframe, Nasdaq appears to be reversing but once you zoom out, you can see that it's just a correction.
We are currently within subwave 4, which is an ABC correction. Watching for completion below the blue structure/fib.
Trade Idea:
- Watch for rejection at the 618 fib level
- On lower timeframe, watch for trendline break, BOS etc for confirmation
- SL above the correction once we move lower
- Targets: Recent lows 10500, -0.618 fib (9000)
Goodluck and as always, trade safe!
We are currently within subwave 4, which is an ABC correction. Watching for completion below the blue structure/fib.
Trade Idea:
- Watch for rejection at the 618 fib level
- On lower timeframe, watch for trendline break, BOS etc for confirmation
- SL above the correction once we move lower
- Targets: Recent lows 10500, -0.618 fib (9000)
Goodluck and as always, trade safe!
Catatan
Reworked the wave count due to price going above wave 4 invalidation. This wave count makes more sense 
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Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.