Celsius Holdings, Inc. (CELH) – 30-Min Long Trade Setup!📈 🚀
🔹 Asset: CELH – NASDAQ
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Rising Wedge Breakout (Bullish Bias)
📊 Trade Plan (Long Position)
✅ Entry Zone: Above $34.89 (Breakout Confirmation)
✅ Stop-Loss (SL): Below $33.42 (Trendline & Previous Candle Support)
🎯 Take Profit Targets:
📌 TP1: $36.80 (Key Resistance Level)
📌 TP2: $38.91 (Extended Target / Measured Move)
📊 Risk-Reward Ratio Calculation:
📉 Risk (SL Distance):
$34.89 - $33.42 = $1.47 risk per share
📈 Reward to TP1:
$36.80 - $34.89 = $1.91 (1.29:1 R/R)
📈 Reward to TP2:
$38.91 - $34.89 = $4.02 (2.73:1 R/R)
🔍 Technical Analysis & Strategy
📌 Bullish Breakout of Wedge: Price is pressing against wedge resistance, signaling possible continuation.
📌 Strong Bullish Momentum: Clear uptrend since mid-March, supported by rising volume.
📌 Candle Confirmation Needed: Look for a bullish 30-min close above $34.89 to validate the move.
📌 Support at $33.42: Ideal place to define risk, as it represents the lower wedge trendline.
⚙️ Trade Execution & Risk Management
📊 Volume Confirmation: Strong green volume on breakout is essential.
📉 Trailing Stop Strategy: Once TP1 is hit, move SL to break-even ($34.89) or higher.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at TP1 ($36.80), and let the rest run toward TP2 ($38.91).
✔ Lock profits by moving SL after TP1 is reached.
⚠️ Breakout Failure Risk
❌ Avoid premature entry – wait for clear breakout candle.
❌ Break below $33.42 invalidates the setup.
🚀 Final Thoughts
✔ Strong bullish structure with clear R/R up to 2.73:1
✔ Textbook breakout setup from a rising wedge
✔ Ride the trend with proper volume confirmation and disciplined risk
🔗 #CELH #NASDAQ #LongTrade #BreakoutStrategy #SwingTrading #ProfittoPath 📈🔥
