"Breakout Eagle: Soaring Past Resistance!"
๐ Trade Breakdown:
๐ Setup:
XYZ just blasted past a key resistance zone with strong bullish momentum. The breakout is confirmed with a clean retest on both the trendline and horizontal support โ a textbook long setup!
๐ Entry: $65.84 (on breakout retest)
๐ฏ Target: $68.20
๐ก Stop Loss: Below $65.00 support zone
๐ Risk-Reward: 2:1 โ clean, calculated, and high conviction
๐ Why It Stands Out:
Trendline breakout ๐
Resistance flip to support ๐
Volume + price action confirm breakout โ
๐ Trade Breakdown:
๐ Setup:
XYZ just blasted past a key resistance zone with strong bullish momentum. The breakout is confirmed with a clean retest on both the trendline and horizontal support โ a textbook long setup!
๐ Entry: $65.84 (on breakout retest)
๐ฏ Target: $68.20
๐ก Stop Loss: Below $65.00 support zone
๐ Risk-Reward: 2:1 โ clean, calculated, and high conviction
๐ Why It Stands Out:
Trendline breakout ๐
Resistance flip to support ๐
Volume + price action confirm breakout โ
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.