GreenCandleTrading-GCT

NASDAQ100 EWT & Time Analysis!

Short
OANDA:NAS100USD   US Nas 100
Assumptions:

1- Ending Diagonal Pattern (Consist of 5 Waves and we are now in the last Wave)

2- Wave 5 = 0.786% Wave 3 = $14,455.7

3- Target: $10k

INVALIDATION: $14,902.9 (WHERE WAVE 5 = WAVE 3)

Time Analysis:

1- One Day Chart: Top should be in place anytime 25th June 2021 (Friday)

2- 4 Hours Chart: Top should be in place 24th June (Thursday) anytime from 6 pm/10pm (London Time)

3- 1 Hour Chart: Top should be in place 24th June (Thursday) 8 pm (London Time)

4- 15 Min Chart: Top should be in place 24th June (Thursday) 8:30 pm London Time

Remember, this all is just theory and assumptions so make sure you have good and tight SL and proper risk management :)

GOODLUCK!
Green Candle Trading - GCT

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Comments

Thanks for the analysis. I will take some time to study it before shorting or not.
+1 Reply
Good Analysis, hard to call the top but I think yes the end is near
+1 Reply