📈
🔍 Pattern: Breakout above minor resistance with ascending support
📍 Entry: ~$122.27 (breakout confirmation candle)
🎯 Targets:
1st Target: $124.51 (minor resistance)
2nd Target: $127.59 (major resistance zone)
🛑 Stop-loss: ~$120.61 (below trendline and prior base)
✅ Why this setup?
Clean breakout above yellow zone and trendline support
Higher lows forming a bullish base structure
Volume likely supports breakout if continuation follows
Risk-to-reward favorable toward higher supply zone
🕒 Timeframe: 30-minute
📊 Bias: Long / Breakout Continuation
🔍 Pattern: Breakout above minor resistance with ascending support
📍 Entry: ~$122.27 (breakout confirmation candle)
🎯 Targets:
1st Target: $124.51 (minor resistance)
2nd Target: $127.59 (major resistance zone)
🛑 Stop-loss: ~$120.61 (below trendline and prior base)
✅ Why this setup?
Clean breakout above yellow zone and trendline support
Higher lows forming a bullish base structure
Volume likely supports breakout if continuation follows
Risk-to-reward favorable toward higher supply zone
🕒 Timeframe: 30-minute
📊 Bias: Long / Breakout Continuation
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.