NAS100 - Bearish Triangle Breakdown Forming!
A symmetrical triangle pattern has formed on the NAS100 30-min chart, signaling potential volatility ahead. We’re nearing the apex of the triangle, and price action suggests a possible bearish breakout.
🎯 Entry: 22,750.00
🎯Target: 22,400.40
⛔ Stop Out: 22,850.88
The risk/reward setup is favorable if the breakout follows through. Keep a close eye on volume confirmation as price exits the triangle.
What do you think about this triangle formation? Will the breakdown hold, or could bulls trap the shorts again?
💬 Share your opinion below and let’s discuss the setup!
🙏 If you find this helpful, please give it a like and follow for more technical ideas!
A symmetrical triangle pattern has formed on the NAS100 30-min chart, signaling potential volatility ahead. We’re nearing the apex of the triangle, and price action suggests a possible bearish breakout.
🎯 Entry: 22,750.00
🎯Target: 22,400.40
⛔ Stop Out: 22,850.88
The risk/reward setup is favorable if the breakout follows through. Keep a close eye on volume confirmation as price exits the triangle.
What do you think about this triangle formation? Will the breakdown hold, or could bulls trap the shorts again?
💬 Share your opinion below and let’s discuss the setup!
🙏 If you find this helpful, please give it a like and follow for more technical ideas!
Trade aktif
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.