NASDAQ – Bullish Triangle Breakout Loading

4天前

I’m currently seeing a bullish ascending triangle forming on the Nasdaq indicating a strong accumulation phase before a potential breakout to the upside price has already started to bounce upward from this compression zone suggesting that buyers are taking control and preparing for a clean bullish continuation

If the breakout confirms, my target is around 27750$ aligns with

• The projected target of the ascending triangle
  
• A strong technical resistance zone
  
• A logical extension given the current bullish structure
  

As long as price stays above the triangle support the bullish scenario remains the primary expectation

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+800 PIPS CLOSE HALF BREAKEVEN