Nasdaq Buy target reached.

I want to highlight an issue regarding timeframe analysis. Some of you know something called "Top Down" price action analysis. For those who don't know what a Top Down price action analysis is, let me elaborate on it. A Top Down price action analysis is when a retail trader begins his/her analysis from higher timeframe like Monthly down to 1hour roughly speaking. This type of analysis of switching back and forth on timeframes is what's so called Top Down price action analysis. Now here is what I wanted to highlight some of you on, timeframes are never to be treated as confluence when it comes to trading. They are simply made with the purpose to accommodate everyone. If you don't want to spend every second of your time watching price moving up and down you will use Higher timeframes. Define your timeframe and stick to it.