nasdaq created a new high which i really can’t tell if it has stopped but once i get a new high, i can wait for three types of pullbacks as usual.
first a small pull a break of the 78% - 61% and brc
second a medium pull a break of 61% - 50% and brc too.
lastly, the large pull which is a break of the 50% - 38%.
Note: at every pull there can be a bounce of that level for a bullish continuation so other confluences will definitely come to play which i will wait for.
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first a small pull a break of the 78% - 61% and brc
second a medium pull a break of 61% - 50% and brc too.
lastly, the large pull which is a break of the 50% - 38%.
Note: at every pull there can be a bounce of that level for a bullish continuation so other confluences will definitely come to play which i will wait for.
if you loved my idea, leave a like, comment and follow me for more.
Comment:
new higher formed with a pullback towards the 78% still waiting for the brc of this level to backup my plan.
Nasdaq got the 61% medium pullback and bounced off that level. now I'm waiting for either a new high or rejection.