Type: Long Trade 📈
Entry Point: $2.31 (marked breakout level)
Stop Loss (SL): $2.18 (marked in red) 🚫
Target 1 (T1): $2.44 (marked in yellow) 🟡
Target 2 (T2): $2.60 (marked in green) ✅
Reason for Long: Symmetrical triangle breakout pattern with bullish momentum. The price broke through the resistance at $2.31, indicating further upside potential.
Confirmation: Strong breakout above resistance with a clear retest and hold near the breakout zone, supported by volume.
Timeframe: 30-minute chart.
RIckAshby
Entry Point: $2.31 (marked breakout level)
Stop Loss (SL): $2.18 (marked in red) 🚫
Target 1 (T1): $2.44 (marked in yellow) 🟡
Target 2 (T2): $2.60 (marked in green) ✅
Reason for Long: Symmetrical triangle breakout pattern with bullish momentum. The price broke through the resistance at $2.31, indicating further upside potential.
Confirmation: Strong breakout above resistance with a clear retest and hold near the breakout zone, supported by volume.
Timeframe: 30-minute chart.
RIckAshby
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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.