📈
Setup Type: Ascending Triangle Breakout (Bullish Continuation)
✅ Entry Zone:
Around $32.72 – Confirmed breakout above resistance with clean structure
🔒 Stop-Loss (SL):
Below $30.53 – Under rising trendline and strong horizontal support
🎯 Take Profit (TP) Targets:
TP1: $35.44 – Key resistance zone (red line)
TP2: $39.26 – Strong historical resistance (green line)
📊 Technical Highlights:
Breakout from a tight ascending triangle pattern
Supportive volume and strong price momentum
Good risk-to-reward ratio – entry close to support, wide upside potential
📌 Summary:
This is a long trade setup with bullish bias. Clean trendline structure and breakout confirmation make it ideal for continuation. Wait for volume follow-through to support move toward $35–39.
Setup Type: Ascending Triangle Breakout (Bullish Continuation)
✅ Entry Zone:
Around $32.72 – Confirmed breakout above resistance with clean structure
🔒 Stop-Loss (SL):
Below $30.53 – Under rising trendline and strong horizontal support
🎯 Take Profit (TP) Targets:
TP1: $35.44 – Key resistance zone (red line)
TP2: $39.26 – Strong historical resistance (green line)
📊 Technical Highlights:
Breakout from a tight ascending triangle pattern
Supportive volume and strong price momentum
Good risk-to-reward ratio – entry close to support, wide upside potential
📌 Summary:
This is a long trade setup with bullish bias. Clean trendline structure and breakout confirmation make it ideal for continuation. Wait for volume follow-through to support move toward $35–39.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.