From the last analysis Nasdaq has broken my invalidation level which forced me to recalculate my waves.
By the looks of it, it seems like the recent high has completed a wave 3 move and the move down we are looking at a minor wave 4 flat correction pattern.
It can be assumed that wave 4 might find a level of support at the 38.2% level without ignoring the 50% level.
A happy trading to you all.
God Bless You.
By the looks of it, it seems like the recent high has completed a wave 3 move and the move down we are looking at a minor wave 4 flat correction pattern.
It can be assumed that wave 4 might find a level of support at the 38.2% level without ignoring the 50% level.
A happy trading to you all.
God Bless You.
