SwissTradingSchool

GOOGL, Alphabet Inc. - Rectangle ready to breakout

Long
NASDAQ:GOOGL   Alphabet Inc (Google) Class A
GOOGL
Google is continuing to maintain itself in this price range in which there has not yet been a clear breakout, even if the price is getting closer and closer to the level that interests us, the resistance of this rectangle.
As you can see in the chart on the timeframe weekly has a higher efficiency from the point of view of Risk Reward and Winrate.
We are trend followers and look for entry signals on certain assets that meet our parameters.
One advice: do not think you are making profits by trading intraday or by looking for patterns that are not sustainable from technical analysis.
Always take as a reference the best in the world if you want to follow someone. Everything else is not provable for us.
Ray Dalio, Peter Brandt, Warren Buffett, Jesse Livermore to name a few.

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