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NAS100USD alternative buying scenario and breaking new highs.
I present to you my 4 hour(s) chart where I see a structure which looks motive with wave i to iv seem to be complete and wave v yet to complete.
Basing my attention to the final unfolding of wave v. The internal count of wave 1 through 4 is visible with wave 3 traveling 1.618% of the multiple of wave 1. And wave 4 overlapping the top of wave 1 forming an expanding diagonal pattern.
I am assuming that the current unfolding of price might be preparing price to break new highs.
I wish you all a happy trading.
God Bless You.
Basing my attention to the final unfolding of wave v. The internal count of wave 1 through 4 is visible with wave 3 traveling 1.618% of the multiple of wave 1. And wave 4 overlapping the top of wave 1 forming an expanding diagonal pattern.
I am assuming that the current unfolding of price might be preparing price to break new highs.
I wish you all a happy trading.
God Bless You.
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