๐
๐ Timeframe:
30-minute chart
๐ Technical Overview:
Falling wedge breakout detected โ
Support zone: $111.50โ$112 (held well)
Breakout confirmation near $113
Target zones:
TP1 ๐ฏ: $116.48 (green resistance)
TP2 ๐ฏ: $118.25 (major resistance)
๐ Risk Management:
Stop loss: Below $111.50 (white support)
RiskโReward Ratio: Over 2:1 โ
๐ Trade Plan Summary:
Entry: $113.00โ$113.50 (breakout zone)
Target: $116.48 โ $118.25
Stop loss: Below $111.50
๐ Timeframe:
30-minute chart
๐ Technical Overview:
Falling wedge breakout detected โ
Support zone: $111.50โ$112 (held well)
Breakout confirmation near $113
Target zones:
TP1 ๐ฏ: $116.48 (green resistance)
TP2 ๐ฏ: $118.25 (major resistance)
๐ Risk Management:
Stop loss: Below $111.50 (white support)
RiskโReward Ratio: Over 2:1 โ
๐ Trade Plan Summary:
Entry: $113.00โ$113.50 (breakout zone)
Target: $116.48 โ $118.25
Stop loss: Below $111.50
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.