According to the AriasWave methodology, we have seen what appears to be the end of Wave (B) followed by an impulsive move up.
This suggests that Wave (C) has commenced, and I see support at $102.
I would suggest looking out for a pullback first before entering the trade.
Price may come back to fill the gap or use it as support, or it may not.
Given that I am expecting a slight pull back in the Nasdaq and Dow Jones, there is a possibility.
If there is enough interest in this idea, I could potentially do a deep dive on the waves at smaller degree.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research[b/] instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
This suggests that Wave (C) has commenced, and I see support at $102.
I would suggest looking out for a pullback first before entering the trade.
Price may come back to fill the gap or use it as support, or it may not.
Given that I am expecting a slight pull back in the Nasdaq and Dow Jones, there is a possibility.
If there is enough interest in this idea, I could potentially do a deep dive on the waves at smaller degree.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research[b/] instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
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.