📈🟢
🔹 Asset: Idaho Strategic Resources, Inc. (IDR – NYSE)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout + Retest
📊 Trade Plan – Long Position
✅ Entry Zone: $18.17 (Breakout above resistance + triangle apex)
✅ Stop-Loss (SL): $17.45 (Below trendline and consolidation base)
🎯 Take Profit Targets:
📌 TP1: $19.18 – Previous resistance zone
📌 TP2: $20.52 – Strong supply area
📐 Risk-Reward Calculation:
🟥 Risk: $0.72/share
🟩 Reward to TP2: $2.35/share
📊 R/R Ratio: ~1 : 3.2 – Favorable setup for swing traders
🔍 Technical Highlights
📌 Clean breakout from triangle resistance ✔
📌 Volume uptick visible on breakout candle ✔
📌 Bullish momentum after multiple higher lows ✔
📌 Price reclaiming key yellow level as new support ✔
📉 Risk Management Strategy
🔁 Move SL to breakeven after TP1
💰 Take 50% profits at TP1
🚀 Let remaining ride to TP2
🚨 Setup Invalidation If:
❌ Price closes below $17.45
❌ Fails to hold above triangle breakout
❌ Rejects with long wicks near $18.17
🔗 Hashtags:
#IDR #BreakoutTrade #SwingTrading #NYSE #ProfittoPath #TechnicalSetup #SmartMoney #ChartBreakout #RiskReward #VolumeSpike
🔹 Asset: Idaho Strategic Resources, Inc. (IDR – NYSE)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout + Retest
📊 Trade Plan – Long Position
✅ Entry Zone: $18.17 (Breakout above resistance + triangle apex)
✅ Stop-Loss (SL): $17.45 (Below trendline and consolidation base)
🎯 Take Profit Targets:
📌 TP1: $19.18 – Previous resistance zone
📌 TP2: $20.52 – Strong supply area
📐 Risk-Reward Calculation:
🟥 Risk: $0.72/share
🟩 Reward to TP2: $2.35/share
📊 R/R Ratio: ~1 : 3.2 – Favorable setup for swing traders
🔍 Technical Highlights
📌 Clean breakout from triangle resistance ✔
📌 Volume uptick visible on breakout candle ✔
📌 Bullish momentum after multiple higher lows ✔
📌 Price reclaiming key yellow level as new support ✔
📉 Risk Management Strategy
🔁 Move SL to breakeven after TP1
💰 Take 50% profits at TP1
🚀 Let remaining ride to TP2
🚨 Setup Invalidation If:
❌ Price closes below $17.45
❌ Fails to hold above triangle breakout
❌ Rejects with long wicks near $18.17
🔗 Hashtags:
#IDR #BreakoutTrade #SwingTrading #NYSE #ProfittoPath #TechnicalSetup #SmartMoney #ChartBreakout #RiskReward #VolumeSpike
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.