Internally, we have likely completed leg 1 towards the downside, with the current distribution schematic marking a structural shift. Selling Nasdaq around 20400 is considered optimal trade entery supported by the value area high. Without forming leg 2, long-term selling perspectives face challenges under current conditions.
Consequently, selling at present is a risky option. I am inclined to seek buying opportunities on corrections, which could manifest as ABC, flat, or WXY triangle patterns. This counter-trend approach may entail prolonged and choppy price movements.
Nevertheless, internal standard deviations suggest caution in selling cycles. Hence, I will cautiously initiate small-risk purchases on Nasdaq, ideally targeting sell-offs above 20000I
Consequently, selling at present is a risky option. I am inclined to seek buying opportunities on corrections, which could manifest as ABC, flat, or WXY triangle patterns. This counter-trend approach may entail prolonged and choppy price movements.
Nevertheless, internal standard deviations suggest caution in selling cycles. Hence, I will cautiously initiate small-risk purchases on Nasdaq, ideally targeting sell-offs above 20000I
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.