PowerTrades

NAS /NQ Consolidation Breakout Play

OANDA:NAS100USD   US Nas 100
NAS we have a small consolidation range, will look for break outside this range for a trade opportunity.

1. Look for rotation until we hold within 11300 -11200 range.
2. Long Break out on hold abv 11300 for 11285/11460
3. short break on hold below 11200 for test of 11100 11000 areas.
Comment:
Beautiful break and wick and hold of the support line at 11295F
Trade closed: target reached:
Move to 11460F completed. nice trade set up

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