PRO_Indicators

NAS100 / H2 : Wave 3 ended, we now have a better sight !

Short
FX:NAS100   US 100 Cash CFD
Wave 3 has reached target and will most likely retrace back to key levels of this impulse. First easy to spot target will be previous (iv) and second one will be defined later but we can speculate on a maximum target at previous wave I overlap (that is strong support as this wave was extended), and a maximum timing with the current price channel support trendline. After that I'll of course buy again for the final fifth wave. This short entry here on end of wave 3 is of course counter trend and should not be considered as a market reversal, only a taking profit price for buyers and a possible short timing before buying again ! The market still has a slight bullish potential according the wave counts, so still need to be patient bedore selling with leverage entries !

Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/comment/follow if you feel like it deserve it ;)

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