FPH Long Trade Setup (30-Min Chart)!

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### **๐Ÿ“ˆ๐Ÿ”ฅ**

๐Ÿ” **Stock:** NVST (NYSE)
โณ **Timeframe:** 30-Min Chart
๐Ÿ“ˆ **Setup Type:** Bullish Reversal

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### **๐Ÿ“ Trade Plan:**
โœ… **Entry:** **$21.04** (Breakout Confirmation)
โŒ **Stop-Loss (SL):** **$20.57** (Below key support for risk management)
๐ŸŽฏ **Target 1:** **$21.54** (First Resistance Level)
๐Ÿš€ **Target 2:** **$22.27** (Major Resistance Level โ€“ Moon Shot! ๐ŸŒ™)

๐Ÿ”น **Risk-Reward Ratio:** Favorable setup ๐Ÿ“Š
๐Ÿ”น **Momentum:** Strong **reversal pattern** after testing support ๐Ÿ“ˆ
๐Ÿ”น **Pattern:** Falling wedge breakout

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### **๐Ÿ”ฅ Trade Strategy & Refinements:**
๐Ÿ“Š **Volume Confirmation:** Ensure strong buying volume supports the breakout.
๐Ÿ“‰ **Trailing Stop Strategy:** If price reaches **$21.54**, consider moving SL to breakeven ($21.04) or higher.
๐Ÿ’ฐ **Partial Profit Booking:** Take some profits at **Target 1** and let the rest ride towards **Target 2**.
โš ๏ธ **Watch for Retest:** If price retests $21.04 and holds, it confirms continued momentum.

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### **๐Ÿš€ Final Thoughts:**
โœ… **Bullish Chart Setup** โ€“ Reversal potential looks strong.
โœ… **Support Holding Well** โ€“ Key level at **$20.57** acting as a floor.
โœ… **Risk Management in Place** โ€“ SL ensures controlled downside.

**Plan Your Trade & Trade Your Plan!** ๐Ÿ†๐Ÿ’ฐ
Let me know if you need any modifications! ๐Ÿš€๐Ÿ“ˆ

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