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!
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join my channel for More live updates
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.