Nasdaq is currently in its corrective phase. We can see that we've completed wave A and now we're in wave B.
Wave B has 3 waves (subwaves abc) and we're currently in subwave c which is an ending diagonal.
Trade idea:
- Watch for a break of the ending diagonal
- enter on break of diagonal with stops above price
- Targets: 10500, 8500, taper thereafter
Goodluck and as always, trade safe!
Wave B has 3 waves (subwaves abc) and we're currently in subwave c which is an ending diagonal.
Trade idea:
- Watch for a break of the ending diagonal
- enter on break of diagonal with stops above price
- Targets: 10500, 8500, taper thereafter
Goodluck and as always, trade safe!
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