WicktatorFX

NASDAQ - More Downside 🩸

OANDA:NAS100USD   US Nas 100
Nasdaq is currently in a corrective ABC wave. We appear to be on wave C which is a made out of 5 waves.

We are currently on the 4th wave which is a corrective wave. Expecting it to retrace back to the recent highs at 12600 before moving lower for the 5th wave.

Trade Idea:
- Watch for wave 4 completion
- Enter on bearish rejection at recent highs
- Targets: 11700 (850pips), 10600 (2000pips)

See below for lower timeframe analysis.


Goodluck and as always, trade safe!

Want more chart ups like this? Click the links below:

Forex: https://t.me/Wicktator

Crypto: https://t.me/Crypto_Wick

Forex VIP: https://t.me/WicktatatorVIP_bot

Crypto VIP: Coming soon...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.