Two triangles in one

For the Nasdaq100 and S&P500 !!



Huge risk / reward if it goes to the rejection zone.
Btw I'm thinking to sell only when my technical indicators will turned bearish, and not at a fixed price.

There is a risk of the Nasdaq symmetrical triangle pattern leads to a break trough the support.
Be careful to disable your buy orders during the pre and post-market, a breakaway gap could easily invalidate these patterns.

Idea to be used with your favourites technical indicators (Squeeze momentum indicator [LazyBear], MACD etc...).

I will set a BUY LMT at +0.40% over the support and a SELL STP at -0.25%

For beginners: give a look to courses (investopedia or tradingview) about triangle pattern: descending triangle pattern, ascending triangle pattern and symmetrical triangle pattern .