Nasdaq and US Market Swinging Opportunity

Nasdaq has an opportunity for swing trading. Judging by this chart, it's easy to see that trading triangles can be tricky since you don't know if it's actually a triangle until the pattern is completed later on.

What makes this attractive is that, after checking some things out on these charts, we notice that the previous wave came out as wxy and the current one appears to be ABC within wave w with wave B as a triangle of a smaller degree.

This means the next few weeks might bring good results depending on how successful we are with calling peaks and bottoms using levels, moving averages, Fibo and wave structure 🤞🏻.

Nasdaq, 45-min Chart

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