NASDAQ – Bullish Triangle Breakout Loading

3 days ago

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

2 days ago

Trade active

+800 PIPS CLOSE HALF BREAKEVEN