NASDAQ - Long Trade Setup - Wave E Looks About Done Now

Updated
A break of the magenta line will confirm Red Wave E Done and Blue Wave 2 Done.

Entry: 9675
Stop: 9510
Target: 11146

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See related Ideas Below
Trade active
Yes the high was broken and it dipped, this is normal.
Stick with it and be patient.
Note
This price action is normal around the V shaped recovery of an E Wave heading into Wave 3. It has dipped down for a reason and that is because the trend is strong and the correction is shallow.
Note
Patience is the key!
Note
Waves developing nicely, stay patient.
nasdaqlongWave Analysis

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