Type: Long Trade 📈
Entry Point: $4.64 (confirmed breakout level)
Stop Loss (SL): $4.43 (marked in red) 🚫
Target 1 (T1): $4.90 (marked in yellow) 🟡
Target 2 (T2): $5.22 (marked in green) ✅
Reason for Long: Breakout from a descending triangle pattern with strong volume to support upward momentum.
Confirmation: Price broke resistance near $4.64 and held above it on higher timeframes.
Timeframe: 30-minute chart.
Entry Point: $4.64 (confirmed breakout level)
Stop Loss (SL): $4.43 (marked in red) 🚫
Target 1 (T1): $4.90 (marked in yellow) 🟡
Target 2 (T2): $5.22 (marked in green) ✅
Reason for Long: Breakout from a descending triangle pattern with strong volume to support upward momentum.
Confirmation: Price broke resistance near $4.64 and held above it on higher timeframes.
Timeframe: 30-minute chart.
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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.