it looks like Nasdaq index is bouncing back to 13,000 $ levels in the long term basis, and there would be a chance to have a short trade in that levels targeting the incomplete 5th impulsive wave ...imo it could pull back int 10's K level again....invalidation above 13,700 $ with break 3x1D candles ....NFA for the midterm it could be a good long trade toward...
it looks like Dow jones completed 5 impulsive Elliot wave moves...imo ,however, still there is a chance for pull back to 20's K levels if it not able to continue over the marked expected 4th wave. Short opportunity in the 33,0000 invalidation (SL) if it breaks 34000 $ with 3 x 1D candles
Expected moves for BNBUSDT based on Fibonacci levels. Expected change on 22-Oct-2021just be cautious.
Currently its at strong resistance which need to be broken up to validate the next bull run to upper limit targets.
I think it would keep trading at range / sideways till 22-Oct-2021 (next expected big move)
NFA
Expected retracements and bull targets using Fibonacci levels.
Overall Trend direction: Ascending
Stop loss Trigger: below 0.78 Fibonacci level after closing breakout of 4hrs candle
UFTBUSD bull run expectation.
Buy limit : if the the price break up to the highlighted range with 1hr candle.
I would recommend buy the retest as it will be a tight range to the closest resistance as illustrated.
Stop loss: if it breaks below the horizontal level shown with 1hr candle.
Risk: 10% or below
This analysis is validated if the break occurred...
