NASDAQ - Long Trade Setup - Wave E Looks About Done Now

A break of the magenta line will confirm Red Wave E Done and Blue Wave 2 Done.

Entry: 9675
Stop: 9510
Target: 11146

Good Luck!

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Trade attivo:

Yes the high was broken and it dipped, this is normal.
Stick with it and be patient.

Commento:

This price action is normal around the V shaped recovery of an E Wave heading into Wave 3. It has dipped down for a reason and that is because the trend is strong and the correction is shallow.

Commento:

Patience is the key!

Commento:

Waves developing nicely, stay patient.