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Pattern: Falling wedge breakout + bullish reclaim
📊 Trade Plan – Long Position
✅ Entry: $3,388 (Breakout and retest of wedge + yellow support reclaim)
✅ Stop-Loss: Below $3,360 (under wedge base & recent wick low)
✅ Target Zone:
🎯 TP1: $3,440 – First structure resistance
🎯 TP2: $3,473 – Upper resistance zone (wedge origin)
📐 Risk-Reward: ~1 : 2.5+ (approx.)
📌 Highlights:
Bullish breakout from falling wedge
Strong reclaim of horizontal support (~$3,388 zone)
Entry confirmation shown with candle close above wedge + yellow line
Pattern: Falling wedge breakout + bullish reclaim
📊 Trade Plan – Long Position
✅ Entry: $3,388 (Breakout and retest of wedge + yellow support reclaim)
✅ Stop-Loss: Below $3,360 (under wedge base & recent wick low)
✅ Target Zone:
🎯 TP1: $3,440 – First structure resistance
🎯 TP2: $3,473 – Upper resistance zone (wedge origin)
📐 Risk-Reward: ~1 : 2.5+ (approx.)
📌 Highlights:
Bullish breakout from falling wedge
Strong reclaim of horizontal support (~$3,388 zone)
Entry confirmation shown with candle close above wedge + yellow line
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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.