๐ FORM Breakout Alert โ 50% Potential Incoming?! ๐๐ฅ
Hey Traders! If you're all about high-conviction plays and real alpha, smash that ๐ and tap Follow for more setups that actually deliver! ๐น๐ฏ
FORM has officially broken out of a massive symmetrical triangle on the 4H chart after weeks of tight consolidation. This is a classic technical setup that often leads to explosive moves, and the market is starting to pay attention! โก๐
๐ Entry Zone: $2.12 โ $2.16
โ Entry around the current breakout zone to catch early momentum.
๐ฏ Targets:
โข Target 1 โ $2.60 (key horizontal resistance)
โข Target 2 โ $2.90 (major breakout extension zone)
โข Target 3 โ $3.10+ (blue-sky breakout level)
๐ก Stop Loss (SL): $2.06 (just below the lower trendline and support zone)
๐ฅ Why this setup is exciting:
โ Clean triangle breakout after multi-week compression
โ Strong historical pattern โ last breakout ran over +50%
โ EMA alignment turning bullish
โ Volume spike on breakout confirmation
โ Market sentiment improving with higher lows on the chart
๐ Pro Trading Tips:
Watch for a retest of the $2.15 breakout zone โ it may offer a second-chance entry.
Scale out profits gradually at each target zone to lock in gains.
Always use proper position sizing and stick to your SL to manage risk.
๐ข Final Thoughts:
This setup has the technicals lined up for a potential trend expansion. If momentum continues and we see a confirmed retest,
FORM could deliver a textbook bullish move. Donโt ignore the opportunity โ but trade smart!
๐ฌ Whatโs your game plan for
FORM? Share your targets, strategies, and thoughts below โ letโs learn and win together! ๐๐๐
Hey Traders! If you're all about high-conviction plays and real alpha, smash that ๐ and tap Follow for more setups that actually deliver! ๐น๐ฏ
FORM has officially broken out of a massive symmetrical triangle on the 4H chart after weeks of tight consolidation. This is a classic technical setup that often leads to explosive moves, and the market is starting to pay attention! โก๐
๐ Entry Zone: $2.12 โ $2.16
โ Entry around the current breakout zone to catch early momentum.
๐ฏ Targets:
โข Target 1 โ $2.60 (key horizontal resistance)
โข Target 2 โ $2.90 (major breakout extension zone)
โข Target 3 โ $3.10+ (blue-sky breakout level)
๐ก Stop Loss (SL): $2.06 (just below the lower trendline and support zone)
๐ฅ Why this setup is exciting:
โ Clean triangle breakout after multi-week compression
โ Strong historical pattern โ last breakout ran over +50%
โ EMA alignment turning bullish
โ Volume spike on breakout confirmation
โ Market sentiment improving with higher lows on the chart
๐ Pro Trading Tips:
Watch for a retest of the $2.15 breakout zone โ it may offer a second-chance entry.
Scale out profits gradually at each target zone to lock in gains.
Always use proper position sizing and stick to your SL to manage risk.
๐ข Final Thoughts:
This setup has the technicals lined up for a potential trend expansion. If momentum continues and we see a confirmed retest,
๐ฌ Whatโs your game plan for
Trade active
Boom! ๐ Our breakout play on
๐ Entry: Around $2.12
๐ฏ Current price: $2.46 โ Already up +18% and moving fast!
๐ Next major target: $3.20+
๐ฅ Key highlights:
โ Breakout confirmed with strong momentum
โ EMA support holding beautifully
โ Big volume pushing price higher
โ Plan:
Trail your stops to lock in profits
Watch for pullbacks to add more
Next update coming soon!
๐ Congrats to everyone riding this wave! Drop a comment if you caught this move or have your eyes on the next play. ๐๐
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.