We're watching 
SMCI on the 30-minute chart forming a textbook falling wedge pattern. Price is compressing under the breakout line, with RSI flattening and volume fading – a classic pre-breakout structure.
Entry Trigger:
Above $42.00 with confirmation.
Targets:
TP1: $46.00
TP2: $48.00
Invalidation:
Break below $39.50 – setup is off.
Trade Notes:
Volume dry-up = energy build-up
RSI in reset zone (~36) = potential momentum shift
2–4 day swing idea based on breakout + momentum
"We don't force trades – we prepare for them."
SMCI on the 30-minute chart forming a textbook falling wedge pattern. Price is compressing under the breakout line, with RSI flattening and volume fading – a classic pre-breakout structure.Entry Trigger:
Above $42.00 with confirmation.
Targets:
TP1: $46.00
TP2: $48.00
Invalidation:
Break below $39.50 – setup is off.
Trade Notes:
Volume dry-up = energy build-up
RSI in reset zone (~36) = potential momentum shift
2–4 day swing idea based on breakout + momentum
"We don't force trades – we prepare for them."
Trade active
UPDATE – Setup Review & Exit StrategyThe falling wedge breakout setup in
SMCI triggered briefly above $42.00 as expected, but failed to hold momentum.Key observations post-entry trigger:
- Price action fell back under breakout level
- Volume faded after the pop
- RSI cooled off sharply
- EMA structure lost on the 30m
As planned, no entry was taken without clean confirmation.
Summary:
- Plan worked: Avoided a false breakout
- No forced entry = no damage
⏸ Watching for possible reaccumulation / base formation
What we learned:
“We don’t force trades – we prepare for them. And when they don’t confirm, we move on.”
Next up:
EVAX & 
ATAI under review.Order cancelled
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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.