🧠
📅 Timeframe: 30-Minute
📈 Type: Long Position
📐 Setup: Breakout from descending triangle + bullish trend continuation
📍 Trade Details:
Entry: $134.62 (confirmed breakout candle above resistance zone)
Stop Loss: ~$133.90 (below breakout structure)
Target 1: $135.38 (minor resistance)
Target 2: $136.26 (major green zone / profit target)
🔎 Technical Breakdown:
Price has broken out of a tight consolidation triangle
Higher lows forming into resistance, now cleared
Retesting old resistance turned support
Momentum is with the bulls; volume likely increasing near breakout
🎯 Risk/Reward Outlook:
Clean breakout entry
Risk: small downside (~0.70 points)
Reward: ~1.5–2 points (RR > 2:1)
📅 Timeframe: 30-Minute
📈 Type: Long Position
📐 Setup: Breakout from descending triangle + bullish trend continuation
📍 Trade Details:
Entry: $134.62 (confirmed breakout candle above resistance zone)
Stop Loss: ~$133.90 (below breakout structure)
Target 1: $135.38 (minor resistance)
Target 2: $136.26 (major green zone / profit target)
🔎 Technical Breakdown:
Price has broken out of a tight consolidation triangle
Higher lows forming into resistance, now cleared
Retesting old resistance turned support
Momentum is with the bulls; volume likely increasing near breakout
🎯 Risk/Reward Outlook:
Clean breakout entry
Risk: small downside (~0.70 points)
Reward: ~1.5–2 points (RR > 2:1)
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.