NDAQ Operation LONG after the break out?
Hello Traders,
This is my first idea published in english, sorry for the errors..:)
We are on NDAQ, weekly chart, the title has a powerful bullish rally, recently partially stopped.
On the daily chart we can see how the resistance that has formed the triple max on the weekly chart, has become an important support for the price.
In these days the price is moving laterally, in a small congestion with low volatility, (you can see the BB %B Indicator). We must wait a bullish break out, with an increment of volatilty for open a LONG position with a good risk/reward ratio.
This is my first idea published in english, sorry for the errors..:)
We are on NDAQ, weekly chart, the title has a powerful bullish rally, recently partially stopped.
On the daily chart we can see how the resistance that has formed the triple max on the weekly chart, has become an important support for the price.
In these days the price is moving laterally, in a small congestion with low volatility, (you can see the BB %B Indicator). We must wait a bullish break out, with an increment of volatilty for open a LONG position with a good risk/reward ratio.
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