OUST – Ouster, Inc. – 30-Min Bullish Breakout Setup!
📈 🚀
🔹 Asset: OUST (NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle + Breakout Zone
📊 Trade Plan (Long Position)
✅ Entry Zone: Above $11.30 (breakout from triangle + horizontal resistance reclaim)
✅ Stop-Loss (SL): Below $10.85 (trendline and demand zone support)
🎯 Take Profit Targets
📌 TP1: $11.75 – Minor resistance / previous rejection
📌 TP2: $12.00 – Round number & key resistance
📌 TP3: $12.40 – Major resistance and upper green zone
📊 Risk-Reward Ratio Calculation
📉 Risk:
$11.30 (Entry) - $10.85 (SL) = $0.45 risk per share
📈 Reward to TP1:
$11.75 - $11.30 = $0.45 (1:1 R/R)
📈 Reward to TP2:
$12.00 - $11.30 = $0.70 (1.55:1 R/R)
📈 Reward to TP3:
$12.40 - $11.30 = $1.10 (2.44:1 R/R)
🔍 Technical Analysis & Strategy
📌 Symmetrical Triangle: Price is consolidating with higher lows and lower highs, squeezing toward breakout point (yellow circle)
📌 Breakout Watch: A breakout above the triangle with volume = momentum trigger
📌 Volume: Light so far, watch for confirmation on breakout
📌 Support: Clean trendline support near $10.85 zone
⚙️ Trade Execution & Risk Management
📊 Entry Confirmation: Wait for a 30-min candle close above $11.30 with volume
📉 SL Management: Place SL below triangle support at $10.85
🔁 Trailing Stop Strategy:
✔ Move SL to breakeven at TP1
✔ Trail above $11.50 once TP2 is hit
💰 Profit Booking Strategy
✔ Book 50% at TP1 ($11.75)
✔ Let the rest ride to TP2 and TP3
✔ Adjust SL progressively to lock in gains
⚠️ Invalid Setup Conditions
❌ Breakdown below $10.85 trendline = pattern failure
❌ Low-volume breakout = avoid fakeout entries
🚀 Final Thoughts
✔ Beautiful triangle squeeze + demand zone
✔ Entry near breakout zone offers solid R/R
✔ If volume confirms, this can push toward $12.40+
