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📝 Description:
LMND just broke out of a falling wedge while respecting its ascending trendline support. This is a classic bullish continuation pattern, backed by a healthy pullback and strong recovery from the $44 zone.
📍 Entry: $44.93
🎯 Target: $49.38
🛑 Stop Loss: $43.55
⚖️ R:R: Over 2:1
⏱️ Timeframe: 30-minute chart
🧠 Setup Style: Breakout + Trendline bounce
Watching for a clean move above $46.00 to confirm momentum. Looks like bulls are stepping in again after consolidation.
#LMND #BreakoutSetup #WedgePattern #TradingViewCharts #TechnicalAnalysis #ProfittoPath #SwingTrade
📝 Description:
LMND just broke out of a falling wedge while respecting its ascending trendline support. This is a classic bullish continuation pattern, backed by a healthy pullback and strong recovery from the $44 zone.
📍 Entry: $44.93
🎯 Target: $49.38
🛑 Stop Loss: $43.55
⚖️ R:R: Over 2:1
⏱️ Timeframe: 30-minute chart
🧠 Setup Style: Breakout + Trendline bounce
Watching for a clean move above $46.00 to confirm momentum. Looks like bulls are stepping in again after consolidation.
#LMND #BreakoutSetup #WedgePattern #TradingViewCharts #TechnicalAnalysis #ProfittoPath #SwingTrade
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.