Back to my bread and butter setup —
🔹 The Setup:
After a strong breakout,
Price action is coiled, volume has dried up — exactly what I want to see before a power move.
This is a high tight flag + cup and handle combo, one of my favorite high-probability setups.
🔹 Trigger Level:
Watching the $77.50 breakout zone — that’s the line in the sand. If you get a good intraday dip to support you can pre-empt the play i like to often scale in a half in anticipation if the market is in a runup phase
A clean push through with volume, and this can speed up fast.
🔹 My Trade Plan:
1️⃣ Entry: Either starter near 9 EMA support or confirmation on breakout over $77.50.
2️⃣ Stop: Under the 9 EMA — no reason to stay if it breaks down.
3️⃣ Target: Measured move extension if it clears $77.50 with juice.
Why I Love This Setup:
HTF + C&H = momentum fuel
This name has already proven itself — we’ve made money here before
The structure, the consolidation, and the setup are all textbook
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
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.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com
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.