Nasdaq (IXIC) | The best scenario for the fall
Hello traders, Nasdaq (IXIC) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
It seems that this wave that we examined is the last wave of wave 3 in higher times.
Based on the counting of waves 1, 2, 3, 4 and 5, we have completed and entered a new phase of correction. This correction will be more in terms of time than price.
Because by examining the previous waves, we can see that a wave was formed very deeply and at the same time in a very short time.
Because we are early in the correction, it is not possible to find a suitable fibroid target, but it is possible that the first movements near the end of wave 3 will occur at the end of wave 4 or 5.
This move is confirmed if the trend line is completely broken.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
It seems that this wave that we examined is the last wave of wave 3 in higher times.
Based on the counting of waves 1, 2, 3, 4 and 5, we have completed and entered a new phase of correction. This correction will be more in terms of time than price.
Because by examining the previous waves, we can see that a wave was formed very deeply and at the same time in a very short time.
Because we are early in the correction, it is not possible to find a suitable fibroid target, but it is possible that the first movements near the end of wave 3 will occur at the end of wave 4 or 5.
This move is confirmed if the trend line is completely broken.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
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