$NQ NASDAQ/US100 Bearish W Pattern Target Hit, Next Quick Update

Hi

The W pattern completed as expected and after that it fell. It reached the first bearish target. I personally am not looking for any more bearishness. I an bullish from the current levels. However I trade what I see and will plan after seeing the latest price action.

There was a big gap let. All these gaps may or may not get filled but they are important levels. So if the markets becomes bullish again, it may try to go higher from the current levels o fill that gap to the upside.

These is a previous gap level which can also provide support if the market falls from the current levels.

Trade what you see, wait for the confirmations and manage the risk as always.

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vikinsa

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vikinsa