CRSP – 30-Min Long Trade Setup !📈 🟢
🔹 Asset: CRISPR Therapeutics AG (CRSP – NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Ascending Triangle + Breakout Zone Compression
📊 Trade Plan – Long Position
✅ Entry Zone: $38.96 (Above triangle breakout + confluence of support)
✅ Stop-Loss (SL): $37.79 (Below trendline and structure base)
🎯 Take Profit Targets:
📌 TP1: $40.71 – Previous top and resistance
📌 TP2: $42.74 – Strong supply zone
📐 Risk-Reward Calculation:
🟥 Risk: $1.17/share
🟩 Reward to TP2: $3.78/share
📊 R/R Ratio: ~1 : 3.2 – Solid high-conviction swing setup
🔍 Technical Highlights
📌 Tight price squeeze between trendline and resistance ✔
📌 Clean breakout from triangle pattern ✔
📌 Bullish consolidation near major zone (yellow line) ✔
📌 Volume rising around breakout candle ✔
📉 Risk Management Strategy
🔁 Move SL to breakeven after TP1
💰 Take 50% profits at TP1
🚀 Let the rest ride to TP2
🚨 Setup Invalidation If:
❌ Candle closes below $37.79
❌ Fakeout breakout with no volume support
❌ Sharp rejection below triangle
🔗 Hashtags:
#CRSP #BreakoutSetup #SwingTrade #NASDAQ #ProfittoPath #TechnicalAnalysis #ChartPattern #SmartMoney #VolumeBreakout #RiskReward
