NASDAQ trade idea on 1hr

٨ يناير ٢٠٢٠

Congrats on our massive previous sell to supports...Market retract on supports as expected and once again we back to resistance parameters...So this is not a signal yet but a trade idea on NASDAQ..Based on previous entries since beginning of the year.. you'll already observed we keep taking advantage of Buy/sell within the huge support and resistance.. So we are going to keep doing that till either Resistance or supports break for a change of pattern/trend... so we keep repeating the ABC Elliot wave pattern sequence as long as none is broken Make use of Buystop/Sellstop & also Sell limit on resistance whilst Buy limit on supports with appropriate SLs attached a bit below/Above support and resistance respectively...My next analyses would be when either is broken!.. Please comment and share ideas too Thanks!

Yellow rectangular shade: Resistance
Pink rectangular shade: Supports