US Nas 100
Long

NASDAQ H4 WAVE SETUP

94
The Nasdaq is trading near all time highs but I expect the highs to break and for the trend to continue. In fact, I believe that 17000 is on the cards at some point during 2021.

Currently the price is trading at the resistance level of the structure indicated in green. There have been 4 waves within the structure which means that we could see the break now or a possible 5th wave to the bottom of the structure before it breaks to the upside.

Welcome to 2021!

Linton White
QuickTrade
South Africa

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