CRSR (NASDAQ) - 1H Chart Long Trade Setup!🔥 🚀
🔍 Stock: CRSR (NASDAQ)
⏳ Timeframe: 1-Hour Chart
📈 Setup Type: Bullish Breakout
📍 Trade Plan:
✅ Entry Zone: Above $9.25 - $9.92 (Breakout Confirmation)
🟢 Take Profit 1 (TP1): $9.92 (First Resistance Target)
🟢 Take Profit 2 (TP2): $10.60 (Extended Bullish Target)
🚀 Stop-Loss (SL): Below $8.79 (Key Support)
📊 Risk-Reward Ratio: Favorable for a bullish continuation 🚀
🔹 Technical Analysis & Setup:
✅ Pattern: Falling Wedge Breakout 📈
✅ Breakout Confirmation Needed: Sustained price above $9.25 with volume increase
✅ Support & Resistance Levels:
🔸 $9.25 (Breakout Zone)
🔸 $9.92 (First Major Resistance)
🔸 $10.60 (Extended Target for strong momentum)
✅ Momentum Shift Expected: A breakout above $9.25 could trigger an upside rally 🚀
🔥 Trade Strategy & Refinements:
📊 Volume Confirmation: Look for increasing buying volume above $9.25 📈
📈 Trailing Stop Strategy: Once price reaches TP1 ($9.92), adjust SL higher to secure profits 🛑
💰 Partial Profit Booking: Take partial profits at $9.92 and let the rest ride toward $10.60+ 💵
⚠️ Fake Breakout Risk: If the price fails to hold above $9.25, reconsider entry ❌
🚀 Final Thoughts:
✅ Bullish Breakout Potential – High probability of continuation higher 📈
✅ Momentum Shift Possible – A move above $9.92 could accelerate upside 🚀
✅ Strong Risk-Reward Setup – SL at $8.79, TP at $9.92 - $10.60+ for optimal gains
📊 Trade Smart & Stick to the Plan! 🏆🔥
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